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Energy Tomorrow Blog

Opening a New Era for U.S. Offshore Energy

offshore energy  offshore leasing plan  us energy security  economic growth  jobs  spill 

Mark Green

Mark Green
Posted June 29, 2017

The Trump administration is taking the first step to more fully harness the United States’ offshore oil and natural gas wealth, beginning work on a new five-year offshore leasing plan – the federal blueprint for future offshore development. It’s great news for America’s future energy security, for consumers and our economy.

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Keep NAFTA’s Support for North American Energy

trade  canada  oil and natural gas  mexico  economic growth  us energy security 

Mark Green

Mark Green
Posted June 22, 2017

With public hearings planned next week on the North American Free Trade Agreement (NAFTA), let’s review some of important reasons that any modernizing of NAFTA – as has been broached by the administration – must retain critical provisions supporting and growing North American energy integration, interdependence and energy security. This is fleshed out in API’s official NAFTA comments, submitted to U.S. Trade Representative Robert E. Lighthizer last week. 

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Ordering Up Increased Offshore Access

offshore energy  oil and natural gas  arctic  gulf of mexico  atlantic ocs  us energy security  access  spill 

Mark Green

Mark Green
Posted April 28, 2017

America’s future energy security – which figures so prominently in the nation’s overall security – is the big winner in President Trump’s newest executive order that aims to increase access to U.S. offshore oil and natural gas reserves. While new energy development in the Arctic, Atlantic and other areas would be down the road, Washington clearly is signaling its new embrace of America’s offshore potential. For the world’s leading producer of oil and natural gas, that’s a big step forward. 

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Golden Pass Approval Advances U.S. LNG Exports

natural gas  lng exports  trade  climate  us energy security 

Mark Green

Mark Green
Posted April 26, 2017

The Trump Administration issued its first LNG export approval, with the Energy Department authorizing the Golden Pass project in Texas to export up to 2.21 billion cubic feet per day to non-Free Trade Agreement countries. It’s a big step forward for the joint venture between ExxonMobil, ConocoPhillips and Qatar Petroleum, which filed its original application with DOE in August 2012 and expects the project to support 45,000 jobs over five years and 3,800 permanent jobs over the next 25 years of operation.

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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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Keystone XL for Growth, Jobs, Security

keystone xl  pipelines  infrastructure  jobs  economic growth  us energy security 

Mark Green

Mark Green
Posted March 24, 2017

With the Trump administration making good on its pledge to expeditiously approve the Keystone XL pipeline, we can look at the project for what it would be – a significant piece of North American energy infrastructure that holds the promise of supporting broad economic growth and strengthening American energy security. 

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Global Marketplace Beckons U.S. LNG Exports

natural gas  lng exports  trade  economic growth  us energy security  energy department 

Mark Green

Mark Green
Posted March 16, 2017

The global LNG market is developing, and the spot market’s growing liquidity could favor U.S. exporters, already benefiting from abundant domestic supply and ready access to the Panama Canal. America has the natural gas and access to markets. Artificial restrictions on LNG export project development should be removed. The potential benefits to the United States are significant. 

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North American Energy Fosters Growth, Security

oil and natural gas  us energy security  economic growth  canada  mexico 

Mark Green

Mark Green
Posted March 7, 2017

The North American energy market is progressing toward self-sufficiency in terms of liquid fuels, perhaps arriving in just a few years. According to EIA, the quantity of oil and other liquid energy sources produced by the three countries could outpace their liquid fuels consumption as soon as 2020. With liquid fuels production growing at a rate of 1 percent per year over the projection period while demand grows more slowly at 0.2 percent per year, supply can overtake demand, EIA figures (Table A21) show  – provided trade flows remain open.

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Keystone XL Opens New Push

keystone xl pipeline  infrastructure  jobs  us energy security  economic growth 

Mark Green

Mark Green
Posted February 17, 2017

The Keystone XL pipeline is on again. A new president with a different view of America’s energy and infrastructure needs has the project advancing again. Late last month pipeline builder TransCanada submitted a new application for a cross-border permit with the U.S. State Department. This week the company applied for route approval in Nebraska – a key step for a project that will bring hundreds of thousands of barrels of oil daily from Canada and the Bakken region in North Dakota to Gulf Coast refineries.

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100 Days: Energy Exports Strengthen U.S., Boost Allies

100-days  lng exports  crude oil exports  economic growth  us energy security 

Mark Green

Mark Green
Posted February 13, 2017

A new era of U.S. energy exports is under way. The United States started freely trading crude oil in January 2016, following congressional legislation to end a 1970s-era ban on exports. The same month the first cargo of U.S. LNG produced from shale left Cheniere Energy’s Sabine Pass export terminal. Last month, export volumes from Sabine Pass reached a record 1.476 billion cubic feet of gas equivalent, according to Platts Analytics. Exports of LNG and crude oil both offer multiple economic benefits.

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