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Energy Tomorrow Blog

Studies: Big Economic Benefits to States, U.S. From Offshore Energy

Offshore 

Mark Green

Mark Green
Posted March 9, 2018

When we talk about America’s offshore energy potential, we refer to the natural gas and oil reserves on the outer continental shelf (OCS), which the United States could harness for its strategic energy needs and long-term national security.

Yet, as four new regional studies for the Atlantic, Pacific, Eastern Gulf and Alaska OCS areas show, offshore development also could bring significant economic benefits to coastal states and the nation – in jobs and in-state spending by industry, as well as revenues from production royalties, lease bids and rental income that the federal government could share with individual states.

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CERAWeek Update: Natural Gas and Power Generation

natural gas  electricity  cera 

Mark Green

Mark Green
Posted March 8, 2018

The CERAWeek conference turned its attention to the nation’s electricity system, with lots of talk about renewables, power storage, wholesale markets and the like. Most interesting was Federal Energy Regulatory Commissioner Rob Powelson’s calling out of states that have adopted or are considering anti-natural gas policies. Check it out in my latest CERAWeek update.

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CERAWeek Update: Natural Gas, Infrastructure Take the Stage

cera  natural gas  infrastructure 

Mark Green

Mark Green
Posted March 7, 2018

U.S. Energy Secretary Rick Perry has, well, energy. Lots of it.

The secretary kicked off natural gas day at the CERAWeek conference with a robust affirmation of the benefits of the American energy renaissance before a room filled with people largely responsible for bringing it about.

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Industry Leaders #PressforProgress on International Women’s Day

women in energy industry 

Tracee Bentley

Tracee Bentley
Posted March 7, 2018

What if I told you that this year’s International Women’s Day theme, #PressforProgress, fits perfectly with the gains that women have made in the natural gas and oil industry? While it’s true that too often I am one of a few women in the room at industry events, that paradigm is shifting.

Here’s the good news: Nearly half of women employed in the industry work in management and professional jobs, a number that is expected to grow through 2035. The growing numbers of women in natural gas and oil are encouraging, but it’s not enough.

According to a recent API study, the industry must do more to raise awareness of industry opportunities for women and minorities, who are expected to fill nearly 40 percent of the 1.9 million natural gas and oil job opportunities through 2035. This isn’t just a feel-good sentiment, our industry’s ability to continue to grow and innovate depends on our ability to attract women and minorities to our ranks.

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CERAWeek Update: The Case for Petroleum

petroleum  social-license-to-operate  cera 

Mark Green

Mark Green
Posted March 6, 2018

On Oil Day at the IHS CERAWeek conference, some big names affirmed the relevancy of natural gas and oil, to the United States and the world, for the foreseeable future – with the president and CEO of Saudi Aramco pushing back a little against those who argue that the world should abandon oil and natural gas for alternative energies.

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Gulf Offshore Energy, Fishing and Tourism – A Thriving Coexistence

Offshore  gulf coast 

Mark Green

Mark Green
Posted March 6, 2018

Since Interior Secretary Ryan Zinke proposed opening most of the nation’s outer continental shelf to offshore leasing, we keep getting asked whether offshore energy development can coexist with tourism and fishing?

The answer is absolutely yes. And there’s a pretty good case study backing that up: The Gulf of Mexico.

While surging onshore oil and natural gas production have grabbed headlines the past few years, oil and natural gas production in the Gulf continues to play a critical role in meeting the nation’s energy needs.

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‘Women in Energy’ Reception Highlights Industry Career Opportunity

women in energy industry 

Mark Green

Mark Green
Posted March 6, 2018

API started hosting its “Women in Energy” reception at the IHS CERAWeek conference a few years ago to highlight the contributions of women in our industry, as well as the opportunities for future careers.

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Busting Myths About Offshore Energy

Offshore 

Mark Green

Mark Green
Posted March 6, 2018

There’s an important, fact-based conversation the country should be having right now about safely harnessing its offshore energy – strategically valuable reserves of natural gas and oil that are critical to America’s long-term energy, economic and national security.

Unfortunately, lots of people may struggle to locate that kind of discussion in the jumble of myths, misinformation and falsehoods thrown out by natural gas and oil opponents who use confusion and fear to distract from the fact that offshore development is safe, technologically advanced and fundamentally important to building a better tomorrow. So, let’s bust some myths.

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CERAWeek Update: Day 1

cera  infrastructure  trade 

Mark Green

Mark Green
Posted March 5, 2018

Highlights from the IHS CERAWeek conference in Houston that kicked off on Monday (infrastructure, trade)

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NAFTA Works – For the U.S. and U.S. Energy

trade 

Mark Green

Mark Green
Posted March 2, 2018

In recent weeks we’ve encouraged U.S. negotiators in ongoing talks to modernize the North American Free Trade Agreement to ensure that energy-supporting provisions remain in NAFTA. For a simple reason: NAFTA works for U.S. energy.

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