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Energy Tomorrow Blog

America’s Energy Future Can Unite Us All

us energy  oil and natural gas  us energy security  economic growth 

API CEO Mike Sommers

Mike Sommers
Posted January 24, 2020

Remarks delivered Jan. 23 at the U.S. Energy Association’s “State of the Energy Industry” forum.

From President Carter to President Trump, 40-plus years packs in plenty of different ideologies, but all seven leaders shared a common goal: energy security for America. Each of those presidents knew that clean, affordable, and reliable American energy is essential to both economic growth and national security.

For decades, U.S. energy policy has focused on reducing our dependence on foreign natural gas and oil. The outlook was often pessimistic, defined by scarcity rather than surplus. Times have changed, thanks to a U.S. energy revolution that’s full speed ahead.

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SOAE 2020: This is Aurora

colorado  economic growth  oil and natural gas development 

Mark Green

Mark Green
Posted January 24, 2020

There might not be a better example of the broad, empowering effects of abundant U.S. natural gas and oil than Aurora, Colorado. The city has emerged from Denver’s shadow on the strength of more than a dozen thriving business sectors – with energy underlying growth. It’s why API’s 2020 State of American Energy report profiled Aurora and six other communities to show how natural gas and oil are fundamental to economic expansion, job creation and rising opportunity across the U.S.  

Kevin Hougen, Aurora Chamber of Commerce president, describes the city as diverse culturally and in industry, which is attracting new people from a range of career paths, from bio-science and healthcare to cybersecurity, aerospace and the military.

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SOAE 2020: This is Red Wing

minnesota  american energy  oil and natural gas development 

Sam Winstel

Sam Winstel
Posted January 22, 2020

American energy abundance has been foundational to growth and opportunity across all business sectors – from agriculture and manufacturing, to logistics and banking. The natural gas and oil industry, and its extensive supply chain, supports job creation and consumer savings in U.S. communities like Red Wing, Minnesota.

API’s State of American Energy report spotlighted Southeastern Minnesota, where residents are experiencing the unique benefits of the U.S. energy revolution. 

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SOAE 2020: This is Las Cruces

economic growth  new mexico  oil and natural gas development 

Mark Green

Mark Green
Posted January 17, 2020

API’s State of American Energy report is focused on the growth and empowerment that natural gas and oil provide to communities across the United States. Las Cruces, New Mexico, is one of them. Thanks to abundant, affordable energy, cities and towns like Las Cruces are on the move, with opportunity expanding before them.

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SOAE 2020: This is Moon Township

pennsylvania  american energy  oil and natural gas development 

Sam Winstel

Sam Winstel
Posted January 14, 2020

America’s natural gas and oil revolution has benefitted cities across the nation by fueling manufacturing, boosting agriculture and growing local economies. Case in point: Moon Township – located northwest of Pittsburgh – which was highlighted in API’s annual State of American Energy report for its thriving small business community.

Energy development in the Marcellus Shale has restored the economy of Western Pennsylvania, creating good-paying jobs that helped residents weather the recession during the first decade of the 21st century.

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Pushing Back Against the 'American Recession Platform'

hydraullic fracturing  fracking  economic losses  oil and natural gas production 

Dean Foreman

Dean Foreman
Posted January 10, 2020

API’s new State of American Energy report illustrates how abundant U.S. natural gas and oil is empowering economic growth and opportunity across the country – and the potential harm to these benefits if fracking is banned, as some presidential candidates have promised to do.

The Washington Post’s Dino Grandoni has an analysis taking exception to the latter point, that banning hydraulic fracturing – the technology most responsible for launching the U.S. energy revolution – would seriously damage the U.S. economy, raise energy costs for American consumers and could likely trigger a recession at home and harm the global economy.

As an economist I would argue that an economic study isn’t needed to validate API’s point about a fracking ban. History shows what would happen if natural gas and oil production from the world’s leading producer was undercut by a fracking ban. According to independent studies, a sudden and enduring return to oil with triple-digit prices is the likely risk.

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SOAE 2020: This is Virginia Beach

virginia  american energy  oil and natural gas development 

Sam Winstel

Sam Winstel
Posted January 10, 2020

The economic benefits of the nation’s energy revolution – empowering broad sector growth and opportunity – are tangible all across the United States, and are illustrated in API’s new annual report, “This is Energy Progress.”

Virginia’s Hampton Roads region is just one example, where households, businesses and military installations are helped by abundant domestic natural gas and oil. While Virginia isn’t a top producing state, plentiful and low-cost energy resources empower the shipping and tourism economy and strengthen the armed forces that are so visible locally.

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State of American Energy 2020

american energy  climate  oil and natural gas development 

Sam Winstel

Sam Winstel
Posted January 8, 2020

The U.S. is the global leader in energy production, carbon emissions reductions and environmental performance. In 2020, the State of American Energy is one of leadership in natural gas and oil development and ongoing progress toward global climate solutions.

For decades, U.S. energy policy has focused on reducing our dependence on foreign natural gas and oil – the outlook was often defined by scarcity, rather than abundance. Each of our last seven presidents understood that clean, affordable and reliable American energy is essential to both economic growth and national security. And today, our nation has achieved this hard-fought, bipartisan goal.

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U.S. Leaders Should Empower U.S. Energy Leadership

us energy security  oil and natural gas production  imports  hydraullic fracturing 

Mark Green

Mark Green
Posted November 22, 2019

Our newest video reminds everyone how much the United States has gained from the energy revolution – record-breaking, world-leading production of natural gas and oil – with clips of presidents from both political parties over the years, urgently calling for lower oil imports. They knew America’s national security was tied to increasing the nation’s energy security. …

Presidents since Jimmy Carter in the late 1970s recognized that ever-increasing oil imports meant increasing dependency on others for energy. … That changed with the energy revolution. …

The question, as we’ve posed in recent posts (see here and here), is why anyone would erase these gains by banning hydraulic fracturing, as some candidates for president have advocated. Why would America reject its own natural gas and oil abundance and go back to an era of energy scarcity?



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Natural Gas, Oil and Reinvestment in America

royalties  revenues  oil and natural gas production  interior department 

Mark Green

Mark Green
Posted October 28, 2019

America’s natural gas and oil industry continues to work for Americans – with revenues from production on federal and Native American-owned lands  and offshore areas driving $11.69 billion in federal disbursements back to the states, counties, tribes and reclamation and conservation programs. That’s $2.76 billion more than the previous fiscal year and nearly double the disbursements in FY2016, the Interior Department said.

Recipients included: $2.44 billion to states and counties, $1.76 billion to the reclamation fund, $1.14 billion to Native American tribes and individual mineral owners, $1 billion to the Land and Water Conservation Fund and $4.9 billion to the U.S. treasury.

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