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Energy Tomorrow Blog

Energy Today – May 15, 2013

exports  fracking  hydraulic fracturing  lng  natural gas  new york  trade 

Mary Leshper

Mary Schaper
Posted May 15, 2013

Washington ExaminerFracking Could Create New Wealth for New York

In a guest column, former Department of Labor Chief Economist Diana Furchtgott-Roth discusses the opportunities hydraulic fracturing could bring to New York state. “Using the Pennsylvania data to project fracking's effect on New York counties, I find that the incomes of those who live in the 28 New York counties above the Marcellus Shale have the potential to expand by as much as 15 percent over the next four years -- if the state's moratorium is lifted.”

National JournalNatural Gas Exports Loom Large Over Washington

NJ’s Amy Harder takes a look at the liquefied natural gas debate after a visit to Dominion’s Cove Point, Md., facility – a former import terminal waiting for federal approval to add  export capabilities.

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Senators Push for LNG Exports

trade  lng  exports 

Mark Green

Mark Green
Posted February 22, 2013

A bipartisan group of U.S. senators has written Energy Secretary Steven Chu, urging the government to support liquefied natural gas (LNG) exports for the good of our economy and to improve our trade balance. Key points in their reasoning:

  • Increasing demand for U.S. natural gas will be easily met by increases in production. The letter cites U.S. Energy Information Administration projections that a 20 percent increase in domestic natural gas demand between now and 2040 will be fully offset by a 40 percent increase in production.
  • Domestic production will be stimulated if producers have greater access to U.S. natural gas reserves onshore and offshore – as well as greater access to “consumption markets.” This will bring job creation, economic growth and generate an in-flow of revenue from abroad.
  • Artificial restraints on the marketing of U.S. natural gas tend to inhibit future investment in development.

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Two Charts, One Message on LNG Exports

trade  natural gas  lng exports  energy 

Mark Green

Mark Green
Posted February 4, 2013

Why isn’t the world’s leading producer of natural gas also its leading exporter – or at least among the world’s top exporters? The answer is nearly as simple as the first two: Because so far we’re not taking full advantage of our resources by recognizing the export opportunities out there and working to supply them.

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LNG Exports for U.S. Jobs, Economic Growth, Trade

trade  lng  exports  energy policy  energy economy  domestic energy development 

Mark Green

Mark Green
Posted January 25, 2013

This week API, on behalf of the U.S. oil and natural gas industry, furnished comments on the Energy Department’s 2012 study of the impact of exporting U.S. liquefied natural gas (LNG). You can read them in full here, but let’s cover some of the main points.

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Domestic Energy, Manufacturing Competitiveness and Trade

manufacturing  imports  domestic energy  oil production  trade 

Mark Green

Mark Green
Posted December 26, 2012

The Washington Times has an article that focuses on the connection between increased domestic energy production, a U.S. manufacturing resurgence and an improved trade balance

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Protecting U.S. Economic Interests

alternative energy  china  domestic energy  renewable energy  alternative energy technologies  business roundtable  edward markey  trade 

Jane Van Ryan

Jane Van Ryan
Posted November 8, 2010

An international coalition of business groups has asked the Group of 20 leaders to reach consensus encouraging the global trade of rare earth minerals. The minerals are used in cell phones, cars, alternative energy technologies, as well as in military hardware including smart bombs and sonar. (The New York Times) 

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Energy Dominance’s Tariffs Pothole

trade  infrastructure  pipelines  consumers 

Mark Green

Mark Green
Posted January 1, 1

Tariffs and quotas on imported steel imposed by the Trump administration are self-inflicted potholes on the path to the administration’s goal of U.S. “energy dominance.”

They’re bad for American energy, which uses steel throughout its operations and delivery networks. They’re bad for American manufacturing, they’re bad for American consumers, and they’re bad for America.


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LNG Exports, Growing U.S. Energy Opportunity

natural gas  lng exports  trade  us energy security  russia 

Mark Green

Mark Green
Posted January 1, 1

A couple of new data points from the government show the importance of U.S. liquefied natural gas (LNG) exports to America’s trading posture and its global energy security role as a growing supplier of natural gas. First, the U.S. Energy Information Administration (EIA) reports that the U.S. exported more natural gas than it imported in three of the first five months of this year – February, April and May – which is historic since the U.S. has been a net importer (on an average annual basis) for nearly 60 years. In addition, EIA projects that the U.S. will be a net natural gas exporter for the year in 2017.

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