Energy Tomorrow Blog
Posted April 9, 2019
America’s energy revolution is decidedly pro-consumer. Indeed, surging U.S. natural gas and oil production has significantly helped individual Americans and their families with their budgets, plan travel and more.
We’ll go mostly visual to absorb this – in a handful of charts from API’s Quarterly Industry Outlook, prepared by Chief Economist Dean Foreman. …
America’s natural gas and oil resurgence has played a major role in that when you think about the average family’s needs for driving, home heating and keeping the lights on (remembering that natural gas is the leading U.S. fuel for power generation). It follows, then, that families spending less on energy had more of their disposable income available for other needs.
Posted November 21, 2018
Recent headlines on natural gas prices may leave Americans feeling whipsawed by marketplace fluctuations (see here and here). So, let’s look at what’s been going on with natural gas this year. But first, four points to keep in mind:Affordable natural gas has saved the average household more than $100 per year in recent years; (2) most consumers are typically insulated from wholesale price variations – the focus of recent news coverage; (3) price increases this month to date are mainly the result of lower inventories coupled with cold weather forecasts that, of course, can change suddenly; and (4) recent price movements in natural gas futures are well within the ranges seen during the resurgence in U.S. energy production
Posted January 17, 2017
These reports are significant in a couple of ways. Lower natural gas prices obviously benefit consumers, and they also benefit when costs are lower for the leading fuel for electricity generation. In addition, our air is cleaner because cleaner-burning natural gas has reduced carbon emissions from the power sector to 25-year lows. Future U.S. energy policy should recognize these natural gas benefits and others – including lower costs for manufacturers and export opportunities – by fostering more domestic natural gas production.
Posted December 28, 2016
Posted October 28, 2016
Posted March 3, 2015
Posted June 5, 2014
A new study details the way America’s unconventional energy revolution – oil and natural gas safely developed from shale and other tight-rock formations with advanced hydraulic fracturing and horizontal drilling – is benefiting Americans where they live.
The new analysis by IHS shows that electricity and natural gas cost savings from shale energy is, in turn, saving billions of dollars for the nation’s school districts and state and local governments.
Posted July 27, 2011
Posted November 22, 2010
Jane Van Ryan
Posted November 11, 2009