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Energy Tomorrow Blog

The Crippling Costs of a Fracking Ban

fracking  politics  us energy security  jobs  economic losses 

Mark Green

Mark Green
Posted February 21, 2020

API’s new video, “The Costs of a Fracking Ban,” pulls no punches: Ending the technology most responsible for the U.S. energy revolution – as proposed by some politicians – would harm millions of Americans and weaken the nation’s security. 

With 95% of new natural gas and oil wells developed with hydraulic fracturing, a ban on fracking most likely would end U.S. global leadership in natural gas and oil production and make America weaker, less secure. It would hamstring the economy and could cost millions of jobs. Average household costs could increase, and entire communities could be waylaid in the process.


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SOAE 2020: This is Lansing

economic growth  michigan  state of american energy  oil and natural gas development 

Mark Green

Mark Green
Posted February 11, 2020

Lansing, Michigan, has come a long way since the days of high unemployment and general malaise, when people joked that the last person to leave Michigan should turn out the lights. Today, Lansing is on the rise – one of many communities across the country that have been helped by the empowering nature of abundant U.S. natural gas and oil (see API’s 2020 State of American Energy report).

Lansing is home to new auto manufacturing plants, and the municipal utility, Lansing Board of Water & Light (BWL), is replacing the last of its coal-fired generation facilities with a $500 million natural gas-fueled power plant.

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Policies to Support American Energy Leadership

state of the union  american energy  Energy Security 

Sam Winstel

Sam Winstel
Posted February 6, 2020

During this week’s State of the Union address, President Trump kept with the decades-long tradition – and agreed with each of his six predecessors – by acknowledging the economic importance of domestic natural gas and oil production and outlining the policy pathways to a stronger energy future. The president noted that the U.S. has become the No. 1 producer of natural gas and oil anywhere in the world, by far, and that energy jobs are a record high.

Today, America is not only the world’s leading energy producer, for the first time in nearly 60 years, the U.S. is also a net exporter of total energy. As recently as 2009, energy imports represented 44% of the national trade deficit, but dropped to 5.2% in 2018 and then 1.2% in the first 10 months of 2019.

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EIA’s Outlook: Natural Gas and Oil Remain Integral to U.S.

eia forecast  economic growth  oil and natural gas production  us energy security 

Mark Green

Mark Green
Posted February 5, 2020

The federal government’s latest energy projections are out, and they portray a U.S. energy future that continues to be driven by natural gas and oil.

It’s a future noteworthy for continued production growth, greater efficiency, the U.S. as a net energy exporter and emissions progress. All are connected in various ways to shale reserves and safe, modern hydraulic fracturing – and at risk if fracking were banned as some have advocated.

Americans understand how far the United States has come in the past decade and a half, thanks to shale and hydraulic fracturing, helping advance the goal voiced by U.S. presidents since Jimmy Carter of seeing this country end its reliance on foreign energy. Indeed, in December the U.S. Energy Information Administration (EIA) confirmed the United States as a net exporter of energy in total for the first time since the 1950s. This is an historic sign of new U.S. global energy leadership, and it shouldn’t be thrown away with foolish policy choices.


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American Energy Powers the State of the Union

state of the union  american energy  Energy Security 

API CEO Mike Sommers

Mike Sommers
Posted February 4, 2020

For decades, American presidents across the political spectrum have outlined their policy proposals to Congress at the State of the Union. Ideologies come and go with each transition of power. But every president from Jimmy Carter to Donald Trump has agreed that affordable, reliable, and homegrown energy is essential to the country’s economic growth, national security, and overall prosperity.

Historically, U.S. energy policy was driven by our ambition to reduce dependence on foreign natural gas and oil, but times have thankfully changed. In 2020, the State of American Energy is one of domestic leadership in natural gas and oil production and progress toward global climate solutions.

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SOAE 2020: This is Eau Claire

state of american energy  oil and natural gas development  wisconsin  economic growth 

Mark Green

Mark Green
Posted February 3, 2020

Energy – essential for growth and opportunity – is America’s strong suit, thanks to abundant domestic natural gas and oil. It’s a key driver in the national economy and also local economies, in places like Eau Claire, Wisconsin.

This is Energy Progress, the theme of API’s State of American Energy report. They’re living it in Eau Claire.


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Largest, Most Competitive Natural Gas Market Benefits Consumers

natural gas  consumers  energy exports 

Dean Foreman

Dean Foreman
Posted February 3, 2020

So far this year, U.S. natural gas prices at Henry Hub have made for the lowest January record in over 45 years, adjusted for consumer price inflation. 

As of Jan. 29, the U.S. natural gas spot price at Henry Hub was $1.94 per million Btu – nearly 35% below the price of one year ago and 76% lower than in 2008.

In fact, we know from the Bureau of Labor Statistics that U.S. households saved an average of more than $120 per year on natural gas in 2018 compared with 2008. That’s $10 per month for more than 127,000,000 households – or $52 billion less spending on home and water heating.


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Rising Energy Revenues Boost State Budgets in Texas and New Mexico

energy development  revenues  permian basin  texas  new mexico 

Sam Winstel

Sam Winstel
Posted January 29, 2020

The U.S. shale revolution keeps rolling, and with it strong support for state and public priorities. Texas and New Mexico each achieved record highs for industry contributions to statewide revenues and royalties, according to new reports from the Texas Oil and Gas Association (TXOGA) and the New Mexico Oil and Gas Association (NMOGA).

In 2019, America’s natural gas and oil industry posted a record-setting year in terms of production and exports. And last fiscal year, energy operators paid billions of dollars in state and local taxes that fund education, infrastructure and healthcare facilities for residents across the southwestern U.S.

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Trump's NEPA Reform Is Essential For Energy Development

environmental review  energy development  infrastructure 

General Counsel Paul Afonso

Paul Afonso
Posted January 27, 2020

This article originally appeared in Law360.

The White House Council on Environmental Quality’s proposed update to the procedural regulations under the National Environmental Policy Act[1] offers an opportunity to unleash the infrastructure required for sustainable 21st century energy.

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Columnist Gets it Wrong – Energy Companies Can Help Shape a Cleaner Future

climate change  innovation  technology  energy supply and demand 

Megan Barnett Bloomgren

Megan Bloomgren
Posted January 27, 2020

In his Jan. 10 column, the Houston Chronicle’s Chris Tomlinson took some shots at API’s new Energy for Progress campaign, which I addressed in a letter to the Chronicle’s editor. There’s only so much you can say in the 250 words you’re allotted for an LTE, so I thought I’d tackle Tomlison’s criticisms in greater detail here – actually, the kind of back-and-forth we’re trying to spark in our campaign.

For starters, Chris – like some politicians – fell prey to a tired and inaccurate caricature of the industry and dedicated his column to questioning our industry’s intentions instead of dedicating ink to the actual objectives before modern society – addressing the growing challenge of climate change while also making sure Americans have the energy they need.

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