Energy Tomorrow Blog
Posted August 30, 2018
A map shows just how much damage could be done to the United States’ fifth-leading natural gas and seventh-largest oil producing state by Colorado’s Initiative 97 – the anti-energy, anti-progress measure that state officials said will be on the November election ballot. Coloradoans and all Americans should be very concerned.
Zeroing in on the state’s top five producing counties (outlined in blue) – Weld in the north on the border with Wyoming, Rio Blanco and Garfield on the western border with Utah, and La Plata and Las Animas on the southern border with New Mexico – the map shows that opportunity for new natural gas and oil development on non-federal land would be all but prohibited.This is an alarming prospect for all Americans, because we’re talking about putting the brakes on one of the country’s leading and fastest-growing energy producers.
Posted August 21, 2018
The U.S. is leading the world in the production and refining of natural gas and oil which is boosting our economy, keeping energy affordable for consumers and benefitting American workers. Despite these facts the Trump administration continues to push policies that work against domestic energy production. Proposed additional Section 301 tariffs – and the retaliatory tariffs from China that they could provoke – follow a similar pattern.
Posted August 10, 2018
As a Millennial with unruly hair who hikes and fishes through national parks, few could have expected me to work for the natural gas and oil industry. But three months ago, I started at the American Petroleum Institute (API) as an intern. It would be generous to say I had any knowledge of the industry when I arrived, but during my time at API I have been able to see and experience a new perspective of natural gas and oil. ...
My impression is that natural gas and oil not only has plenty of lucrative opportunities for Millennials and Gen Z’s but needs us to lead the industry into the future.
Posted August 7, 2018
You’ve probably noticed some changes to API’s social media channels. The messages on Facebook and Twitter are the same, but we're streamlining your access to news, analysis and commentary on natural gas and oil issues, which we believe will foster even more conversation about energy.
Beginning Aug. 20, there’ll be another change: The Energy Tomorrow Blog will move to API.org as we pull together primary API content on our home website.
Posted August 7, 2018
Recently, we discussed how natural gas and oil production and energy exports were major contributors to robust second-quarter growth by the U.S. economy – by themselves generating nearly half of the increase in U.S. real exports in Q2.Yet, there’s concern that escalating U.S. trade restrictions and looming disputes could threaten global trade and economic growth. We’ve talked about tariffs and quotas directly impacting the natural gas and oil industry – China last week announced a 25 percent tariff on U.S. liquefied natural gas – but the potential effect is broader than just our industry, as indicated in last week’s post on possible food price impacts.
Posted July 26, 2018
Californians are facing blisteringly hot weather conditions this week as the result of a “heat dome” centered across much of the state. To make matters worse, many have found themselves without power just as the temperatures reach dangerous highs. Now California’s power grid operator says it can’t produce enough electricity to meet demand, risking rolling blackouts and jeopardizing residents – an outcome they were explicitly warned of months ago.
Posted July 25, 2018
Tariffs and quotas on imported steel and other products appear to be moving from a debate in Washington to Americans’ dinner tables, as farmers and others in the human food chain voice concern that a trade war – tariffs and retaliatory measures by other countries – is impacting food costs.
Posted July 25, 2018
While the administration’s goal of enhancing the economy is laudable — as is their continued promise to promote U.S. energy dominance— their latest action to deny exclusions from tariffs under Section 232 on imported steel used in certain parts of natural gas and oil industry operations is a misguided decision that could impact American energy production as well as American jobs and consumers.
Posted July 20, 2018
Big news in the latest API Monthly Statistical Report: U.S. crude oil production rose to an all-time record of 10.7 million barrels per day (mbd) in June – the largest monthly output, ever. According to the MSR, June domestic crude production increased more than 100,000 barrels per day over May, and the total was 1.6 million barrels per day more than June a year ago. But let’s go back to that top-line number – 10.7 million barrels per day – and comprehend what it means:
Economic growth and jobs – but also our country’s energy security, supporting the promise of present and future prosperity and opportunity. That’s the gift of the American energy renaissance that, well, keeps on giving.
All of the above support an argument that – to ensure an adequate global supply of crude oil upon which the U.S. and global economies rely – we should look to sustain and grow domestic natural gas and oil production.
Posted July 19, 2018
The Trump administration’s rejection of Plains All American’s request for an exclusion to the administration’s tariffs on imported steel – which the company planned for a pipeline out of the Permian Basin, the nation’s most dynamic oilfield – illustrates the head-on collision between trade policies and energy goals.
Caught in the middle: American consumers and U.S. energy security.