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Energy Tomorrow Blog

Safe Development of ANWR Coastal Plain is Key to America's Energy Future

arctic  access  alaska  anwr  us energy security 

Mark Green

Mark Green
Posted January 6, 2021

An important point for consideration by opponents of the scheduled natural gas and oil lease sale for the coastal plain of the Arctic National Wildlife Refuge (ANWR) in Alaska: World demand for energy will continue rising into the future as far as we can see.

Both the U.S. Energy Information Administration and the International Energy Agency project that – the effects of the pandemic aside – demand for energy, led by natural gas and oil is going to increase. IEA estimates that even with the U.S. participating in the Paris Climate Agreement, natural gas and oil will supply about half, and perhaps more, of the world’s energy in 2040.

In that context, the estimated 10.4 billion barrels of oil in the designated 1002 Area of ANWR should be included in America’s strategic energy thinking and planning.

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Despite Challenges of 2020, U.S. Boosts its Energy Security

us energy security  imports  trade 

Dean Foreman

Dean Foreman
Posted December 11, 2020

Despite the 2020 COVID-19 recession, the U.S. has reached milestones for energy security and trade, including its lowest imports of crude oil and reliance on OPEC in nearly three decades. 

Achieving the milestones this year has enabled the U.S. to be on track to become a net exporter of petroleum and total energy on an annual basis for the first time in more than 60 years. At the same time, U.S. refiners have increasingly leveraged domestically-produced energy, ultimately benefiting households through lower spending on energy.

In short, record productivity has enabled abundant domestic oil and natural gas supplies, amped-up U.S. energy exports and displaced foreign energy imports to the benefit of American consumers. This is the backdrop for the imminent change of U.S. administration, as well as a heightened focus on U.S. energy security –  see here and here  even though petroleum products and natural gas have remained abundant and at historically low prices. 

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Americans are Big Winners With Natural Gas and Oil Development

economic growth  federal leases  royalties  us energy security 

Mark Green

Mark Green
Posted December 9, 2020

Let’s discuss the value of natural gas and oil to all Americans – the fundamental worth of abundant, affordable and reliable energy to modern, daily life, the economy and our nation’s security – which gets lost in two U.S. senators’ proposal to make producing energy on federal lands more costly.

U.S. Sens. Chuck Grassley of Iowa and Tom Udall of New Mexico want to increase the royalty rate for production on federal lands, which would discourage that critical production. We’ll get to that point down below. First, let’s zero in on the issue of fundamental value.

In a New York Times op-ed, Grassley and Udall call the American public “the big loser” under the current royalty arrangement. In doing so, the senators are so preoccupied with percentages they inadvertently make an afterthought of what current natural gas and oil production on federal lands means for U.S. economic growth, global leadership, strengthened security at home and significant environmental progress.

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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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U.S. Has Come Too Far For a Retreat on Natural Gas and Oil

fracking  federal leases  us energy security  economic growth 

Mark Green

Mark Green
Posted October 26, 2020

Vice President Joe Biden’s statements on fracking and energy during the final presidential debate raise questions about the former vice president’s overall understanding of issues that are so critical to the U.S. economy, security and the environment.

We’ve previously noted Biden’s various comments on fracking – he has said he would ban the technology that made the U.S. the world No. 1 in natural gas and oil production (see here and here), before vowing he wouldn’t ban it. He repeated the no-ban pledge in Nashville (after asserting he never said he opposed fracking).  

More problematic is another promise Biden repeated during the final presidential debate – that he’ll ban new federal natural gas and oil leasing, effectively halting new production on federal lands and waters. 

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The Administration’s Misstep on Eastern Gulf, South Atlantic Offshore Policy

offshore access  eastern gulf of mexico  atlantic ocs  us energy security 

Mark Green

Mark Green
Posted September 14, 2020

A national policy that puts U.S. energy off-limits to development would have serious negative impacts for our nation’s security, jobs, the economy and household budgets. As argued in this post, proponents of policies that ban new natural gas and oil development on federal lands and waters have a lot of explaining to do.

This includes former Vice President Joe Biden and the Democratic Party Platform, which both pledge to effectively end new federal natural gas and oil development.

Unfortunately, it also includes the White House, which announced this week that there will be no offshore oil and natural gas development in the Eastern Gulf of Mexico and South Atlantic going forward, into the year 2032.

This is wrong for U.S. energy, wrong for American security, wrong for jobs and wrong for economic growth. 

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Energy and Our Security

us energy security  oil and natural gas production  global markets  hurricanes 

Mark Green

Mark Green
Posted August 28, 2020

Americans’ safety and security are critically linked to energy.

Whether it’s energy to power a growing economy or energy that keeps America free and strong in the world – and even reliable energy in the wake of a Category 4 hurricane – abundant domestic natural gas and oil are essential for our security. ...

Abundant and reliable natural gas and oil from America make the country safer and more secure in a number of ways.

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Video: No Malarkey, Natural Gas and Oil Critical to U.S. Security, Growth

us energy security  economic growth  manufacturing  president 

Mark Green

Mark Green
Posted August 25, 2020

Former Vice President Joe Biden, talking about the benefits of U.S. natural gas and oil in the years leading up to his 2020 presidential campaign:

“North American energy makes us independent.”

“We now have over a hundred years’ supply of natural gas that would enable us to meet every single need we have in America.”

“We’re positioned to own the 21st century. … North America will remain the epicenter of energy.”

… Clearly, there was a time when the former vice president was quite bullish on U.S. natural gas and oil. He recognized the strategic benefit of falling U.S. oil imports and the advantages of affordable, reliable energy to American manufacturing. … Unfortunately, things have changed.


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Cybersecurity Key to Protecting Critical Energy Infrastructure

cybersecurity  infrastructure  security 

Sam Winstel

Sam Winstel
Posted August 7, 2020

Modern, resilient natural gas and oil infrastructure is vital to maintaining U.S. energy affordability and economic competitiveness. As the industry undergoes rapid digitalization, reliability remains fundamental to energy operations, particularly as cybersecurity risks present emerging challenges.

The U.S. has been subject to an increasing volume of malicious cyberattacks from China, Russia and other foreign adversaries, posing a persistent threat to our national security and grid reliability. Within the next two years, 2.5 billion industrial devices will be brought online in the energy industry, meaning the need to protect our critical infrastructure assets has never been more urgent.

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OPEC+ Turmoil Underscores Need for U.S. Oil Diplomacy

oil and natural gas production  us energy security  saudi arabia  russia 

Mark Green

Mark Green
Posted April 5, 2020

Although OPEC+ has delayed a planned meeting Monday to address differences between leading members Russia and Saudi Arabia, there were encouraging signals from the White House after the president’s meeting with a number of natural gas and oil industry leaders, including API President and CEO Mike Sommers.

The continuing oil price war between Russia and Saudi Arabia, which has the two nations increasing production amid a slump in world oil demand, is broadly concerning. The administration is correct to focus strong diplomacy on finding a resolution, the urgency of which is underscored by the postponement of Monday’s OPEC+ meeting. 

The best message from the White House is what’s not on the table: additional U.S. production cuts. As the president said, the global oversupply problem has been worsened by the Russian and Saudi production increases, and those countries bear the responsibility of changing their policies.

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