Energy Tomorrow Blog
Posted June 12, 2018
As the natural gas industry prepares for the upcoming World Gas Conference in Washington D.C. (June 25-29), let’s take a look at some of the issues bringing together many of the world’s most influential leaders, policymakers and experts from sectors ranging from finance, to trading, to law, to government.
The conference agenda reflects the key role natural gas plays in reliable power generation, a cleaner environment, affordable energy and the security of our nation and our allies, as well as the infrastructure working behind the scenes to make sure this energy is available when we need it most.
Posted June 8, 2018
Our industry supports increased access to America’s offshore natural gas and oil. The benefits promise to be broad for coastal states and the entire country. Responsible development is safe, well-regulated and compatible with other uses, including those of our military.To advance the nation’s strategic interests that are tied to careful offshore natural gas and oil, API this week announced the launch of “Explore Offshore,” a diverse coalition of more than 100 local leaders, community organizations, businesses and associations from five Atlantic and Gulf Coast states that supports increased offshore access.
Posted May 17, 2018
We hope you’ve seen “Brainpower,” API’s new ad highlighting the smart technologies and data analysis that natural gas and oil use to safely and efficiently bring Americans the energy that empowers their modern lives while also meeting seemingly impossible challenges.
“Brainpower” also is about natural gas and oil deploying technologies and innovating to get cleaner and help the United States reduce its emissions, leading to cleaner air. The women and men of natural gas and oil are focused on this. They want other Americans to know that they care – about lowering emissions and the environment – because they’re members of the community, too. You’ll see it in behind-the-scenes interviews conducted during the “Brainpower” ad shoot.
Posted May 16, 2018
For some time we’ve stressed that offshore oil and natural gas production is compatible with a variety of other ocean uses such as fishing and tourism – and most significantly, with the U.S. military’s need for open-water areas to conduct training exercises, advanced weapons testing and the like. Industry has a long track record of developing offshore energy in a manner that successfully coexists with the military’s needs in the Gulf of Mexico and other areas.
The same would be true in the Eastern Gulf of Mexico if a moratorium on offshore development there, in place since 2006, is allowed to expire in 2022 – creating access to key new areas for safe exploration and development of strategically important oil and natural gas. A new analysis by the Defense Department agrees.
Posted May 3, 2018
More on NAFTA – the North American Free Trade Agreement – which U.S., Canadian and Mexican negotiators are working to modernize.
Critically important to U.S. interests in any NAFTA 2.0 is keeping investor-state dispute settlement (ISDS) protections in the deal so that American investments and American property are protected against unfair treatment by host nation governments. ISDS is fundamental to this, which supports continuing U.S. investment in natural gas and oil projects outside this country. That, in turn, is fundamental to U.S. energy and national security. A couple of new videos underscore those points.
Posted May 2, 2018
The most recent federal Gulf of Mexico oil and natural gas lease sale was described in some media reports as “disappointing,” “modest” and “tepid.” But there’s another, more positive way to look at it.
First, every offshore lease sale the federal government holds is welcome by industry, because each represents new opportunity for the market to work as it should – with companies making investment decisions based on the potential for significant natural gas and oil production.
A more important point underscored with the Gulf sale is one we’ve been making for some time – that the federal government needs to make available new offshore areas for study, research, exploration and development.
Posted April 16, 2018
Posted April 10, 2018
Men and women who’ve worn the uniform of the United States view “energy security” through a different lens than the rest of us. To many of them the American energy revolution – with oil production projected to reach 10.7 million barrels per day this year, and the U.S. becoming a net natural gas exporter for the first time in nearly 60 years – means our armed forces are less likely to be deployed to faraway places to protect energy interests. The point was underscored at a Vets4Energy event today at API.
Posted March 29, 2018
Women continue to advance in the natural gas and oil industry. Yes, there’s more progress to be made – and it will be made – yet, it’s clear the old narrative that our industry remains the realm of men is just so yesterday – yesteryear, really.
This week Royal Dutch Shell announced former Maersk Oil CEO Gretchen Watkins will become president of its North American operations. Last week, Susan Dio was named chairwoman and president of BP America. There are other recent examples, including Julie Robertson, president and CEO of Noble Corporation and Vicki Hollub, president and CEO of Occidental Petroleum.
Posted March 27, 2018
The U.S. Energy Information Administration reports that the U.S. has become a net natural gas exporter for the first time since 1957 and that exports of liquefied natural gas (LNG) quadrupled in 2017 over 2016. Here's why these developments are important for the United States.