Energy Tomorrow Blog
Posted October 23, 2018
Two stat lines capture the essence of modern natural gas and oil development:
First, the United States produced a record 11 million barrels of oil per day (mbd) in September, 2.2 mbd more than September 2017, according to API’s latest Monthly Statistical Report (MSR). It’s a remarkable output number, given where domestic production was less than two decades ago.
Second point: Just as remarkable is the fact the United States’ world leadership in natural gas and oil production is accompanied by world leadership in cutting greenhouse gas emissions.
Posted January 15, 2015
As we look at the Obama administration’s plan to impose new regulations on methane emissions from oil and natural gas operations, some important points.
First, when it comes to methane emissions, the White House is focusing on a relatively small piece of the big picture. Data from EPA’s Greenhouse Gas Reporting Program shows that methane emissions from natural gas and petroleum systems (161.6 million metric tons of carbon dioxide equivalent) represent just 28.5 percent of total methane emissions (567.3 million metric tons CO2 equivalent). That’s a fairly small wedge in the overall pie.
Posted April 3, 2014
A competitive marketplace is the sowing field for innovation and investment. Look no further than the advanced hydraulic fracturing and horizontal drilling that launched America’s ongoing shale energy revolution. Shale development features cutting-edge technology to increase output and efficiency and to make operations as safe and clean as possible. An example of this can be found in methane emissions.
While some call for government-directed efforts to reduce emissions, industry already is on this – through its own leadership and investments – and is achieving good results.