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Energy Tomorrow Blog

Election’s Dynamics Point to Policies That Sustain U.S. Energy Leadership

election  president  policy  us energy security 

Mark Green

Mark Green
Posted December 3, 2020

Post-election analysis says that the U.S. electorate is mostly moderate and expects moderate, sensible policy positions – an important point as Team Biden assembles and a new Congress prepares to convene. 

There’s this from veteran Democratic pollster Mark Penn in the Wall Street Journal: The nation is largely moderate, practical and driven by common sense over ideology. … The message from the voters is that we are not divided into two extreme camps. Rather, they are more centrist in nature and outlook, and that a president who governs too far to the right or left is likely to be left behind in the next election.

And Daily Beast columnist Matt Lewis: If Biden wants to keep his winning streak alive, he will keep running the same winning play that got him this far: He will run right down the middle.

On energy, right down the middle, practical and common sense is best for the country’s energy security, economy and environmental protection. This acknowledges the primary role the U.S. energy revolution – made possible by safe, modern hydraulic fracturing and horizontal drilling technologies – has played in fundamentally changing the trajectory for U.S. security, global energy leadership, economic growth and emissions reduction.

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Driving the Wrong Direction in California

california  electric vehicles  policy  consumers 

Mark Green

Mark Green
Posted September 24, 2020

Four observations about California Gov. Gavin Newsom’s executive order requiring that by 2035 all new cars sold in the state must be zero-emission vehicles – as well as his push for halting fracking in the state:

1. The governor's executive order could seriously impact middle-class Californians.

2. Seriously, a zero-emissions mandate in a state that has struggled to keep the lights on?

3. There's rhetoric and there's reality.

4. State natural gas and oil production is being targeted.

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Ban on New Federal Development Would Risk U.S. Security, Jobs, Environment

federal lands  offshore oil production  policy  jobs  emission reductions 

Mark Green

Mark Green
Posted September 9, 2020

Four questions for proponents of policies that would effectively end new natural gas and oil development on federal lands and waters:

Where will the oil come from that won’t be produced here at home because of such a policy?

Where will nearly 1 million Americans find new work after this policy costs them their jobs?

What will Americans do without because of higher energy costs resulting from the policy?

How will the U.S. continue making environmental progress if increased coal use caused by the policy raises carbon dioxide emissions?

These and other questions are prompted by a new analysis projecting the effects of halting new natural gas and oil on federal lands and waters -- prepared for API by OnLocation with the U.S. Energy Information Administration's National Energy Modeling System, which EIA uses to produce its Annual Energy Outlook.

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New Polling Shows Americans’ Strong Belief in the Value of U.S. Natural Gas and Oil

poll  energy development  energy policy  election 

Mark Green

Mark Green
Posted August 20, 2020

Results of polling from a dozen key battleground and other states show voters recognize the present and long-term value of domestic natural gas and oil – to their daily lives, to the broader economy, to our nation’s security. 

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Additional Energy Tariffs Could Harm U.S., Consumers

trade  consumers  policy 

Mark Green

Mark Green
Posted September 10, 2019

Natural gas and oil, the bellwether of the U.S. economy, continue to be the collateral damage in the administration’s trade war with China – frustratingly ironic given the White House’s stated goal of bolstering American energy.

Important parts for offshore natural gas and oil drilling and production, as well as critical parts and accessories for energy projects are among products imported from China that will be subject to a 30% tariff as of Oct. 1 – an increase from the current 25% tariff.

Higher costs for these needed components could increase the cost of production and, ultimately, energy costs to U.S. consumers.

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New Modeling Shows Impacts of Trade Policy Gone Awry

policy  trade  oil and natural gas 

Jessica  Lutz

Jessica Lutz
Posted February 20, 2019

Earlier this month we talked about the unforced error of the administration’s tariff and quota policies that hamstring the economy, detailing the findings of recent report from the nonpartisan Congressional Budget Office. Now, new modeling has reviewed those suspicions in the context of the energy trade, and the indications are clear: The escalating trade wars could significantly limit the U.S. energy revolution and the benefits to Americans that it would otherwise bring.

The recent report, part of BP’s annual “Outlook,” a macro-look at the global energy system over the next 30 years, models a number of different scenarios including one in which global trade disputes persist and worsen. The results of this “less globalization” scenario indicate that the continuation of these policies would slow global GDP growth by 6 percent and energy demand growth by 4 percent in 2040. To make matters worse, the effect could be intensified in countries and regions most exposed to foreign trade – like the U.S.

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Sustaining U.S. Energy Through Right Policies

oil and natural gas production  policy  colorado 

Mark Green

Mark Green
Posted July 31, 2018

U.S. Energy Secretary Rick Perry makes a number of important points about domestic natural gas and oil production, hydraulic fracturing and U.S. energy exports in a piece for CNBC. These include: The United States is shedding dependence on imported energy; U.S. energy exports are helping friends and allies overseas; and natural gas is helping the U.S. lead in cutting greenhouse gas emissions.

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Why the U.S. Must Import and Export Oil

crude oil exports  refineries  gasoline prices  energy policy 

Dean Foreman

Dean Foreman
Posted June 14, 2018

With Wall Street Journal headlines such as “Trans-Atlantic Oil-Price Spread Soars as Supply Glut Disappears,” it might be hard to remember that the United States’ domestic oil production stood at a record 10.5 million barrels per day (mb/d) in April, and the nation’s petroleum trade balance is in its best position in 50 years. This has reinforced U.S. energy security, lowered the trade deficit and boosted economic growth.

That said, given our country’s much improved energy outlook, some may question why we’re still importing crude oil and refined products. And, while we’re still importing oil, why do we export domestic crude – especially when prices have risen at the pump?  Why don’t we just keep American oil at home? ... 

Answers are found in an understanding of basic market realities.

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Energy, Technology Enable U.S. Prosperity.

economic growth  oil and natural gas  technology  energy policy 

Dean Foreman

Dean Foreman
Posted January 11, 2018

Metropolitan areas that are near natural gas, oil and mining activity have been exceptionally productive and able to sustain high productivity over time, according to a recent Brookings Institution study. While overall U.S. productivity has continued to slow, metro area participation in the energy and technology booms has become a precursor of high productivity and growth.

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API, CAPP, and AMEXHI committed to strong North American energy alliance

canada  consumers  economic policy  Energy Security  energy policy  mexico 

Brooke Sammons

Brooke Sammon
Posted April 24, 2017

The North American energy flows continue to grow and the U.S. is building even stronger energy ties with its closest neighbors – Canada and Mexico. This week, API met with the Canadian Association of Petroleum Producers (CAPP) and the Mexican Association of Hydrocarbon Companies (AMEXHI) to discuss priorities and policies that would foster this North American energy alliance. 

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