Energy Tomorrow Blog
Posted February 14, 2019
API’s Monthly Statistical Report (MSR), based on January data, is a good news/challenging news proposition.
First the good. January data tell us the U.S. has never produced more oil (11.9 million barrels per day, mb/d) and natural gas liquids (4.9 mb/d).
At the same time, U.S. refineries ran at their highest rates (93 percent capacity utilization) and produced the most they ever have for the month of January (17.3 mb/d). Moreover, domestic gasoline demand also was the greatest on record for the month of January (8.9 mb/d). These are terrific milestones. ... But some interesting challenges also emerged.
Posted October 3, 2018
Announcement of the United States, Mexico and Canada Agreement (USMCA) – locking in Canada and Mexico as our nation’s closest trading partners – is good news for the U.S. energy renaissance. Attention now turns to Congress, which should ratify the deal....
Because zero or reduced tariffs, market access between the three countries and trade liberalization all worked to the benefit of U.S. energy under NAFTA, our industry’s chief goal was an updated agreement was to keep in place features that have supported U.S. energy. USMCA does that – and Americans will be the beneficiaries.
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 June 21, 2018
The API Industry Outlook for the second quarter of 2018 is one of the things that’s new at API. If you follow energy markets, you’ll appreciate an incisive view of the economy at home and abroad as well as markets for crude oil, natural gas and petrochemicals.
Beyond nice-to-know “macro factors,” here are things to know and understand about trade barriers that could affect economic activity and prices where you work and live.
Posted March 6, 2018
On Oil Day at the IHS CERAWeek conference, some big names affirmed the relevancy of natural gas and oil, to the United States and the world, for the foreseeable future – with the president and CEO of Saudi Aramco pushing back a little against those who argue that the world should abandon oil and natural gas for alternative energies.
Posted January 9, 2018
State of American Energy 2018: API President and CEO Jack Gerard described the natural gas and oil industry as technologically advanced, innovative and forward looking – all critically important to continued delivery of the energy Americans use every day for transportation, essential consumer products, life-saving technologies and more. Our industry is up to helping Americans meet the challenges of today and tomorrow – endeavors that hinge on energy.
Posted November 14, 2017
Posted November 2, 2017
Now this is fun: Jack Gerard, API’s president and CEO, is on Instagram, providing an inside look at his work leading the country’s largest oil and natural gas trade association and his energy advocacy efforts – but also other stuff. Jack has been active on Instagram for a few weeks and clearly enjoys it. Check his feed. Even better: follow along: @JackGerardAPI
Posted October 3, 2017
API is on the move. Reflecting the advanced technologies that natural gas and oil bring to energy production and our commitment to reducing our environmental footprint, the industry’s leading national trade association plans to move next year to a new, self-sustaining LEED Platinum-certified building in downtown Washington, D.C., that will include a number of innovative features.
Posted September 27, 2017