Energy Tomorrow Blog
Posted February 4, 2014
Free the Keystone XL Pipeline, Mr. President
Los Angeles Times: Welcome to the "year of action." In last week's State of the Union address, the president vowed to do whatever he has to help the economy, even if that means working around Congress: "What I offer tonight is a set of concrete, practical proposals to speed up growth, strengthen the middle class and build new ladders of opportunity into the middle class. Some require congressional action, and I'm eager to work with all of you. But America does not stand still, and neither will I. So wherever and whenever I can take steps without legislation to expand opportunity for more American families, that's what I'm going to do."
The White House has touted the fact the president has a "phone and a pen" and he's not afraid to use them.
The president also vowed to cut red tape, and not for the first time. In 2013's State of the Union, he insisted that "my administration will keep cutting red tape and speeding up new oil and gas permits." And in 2012: "In the next few weeks, I will sign an executive order clearing away the red tape that slows down too many construction projects."
Read more: http://lat.ms/1eRaGFu
Posted February 3, 2014
The Keystone XL pipeline now is in the “national interest determination” phase of a long process to gain federal approval for construction. Having cleared its fifth State Department environmental review, the project is to be judged by on whether its construction serves the U.S. national interest. Last week’s State Department report listed the key factors that go into that determination:
To make this decision (i.e., the National Interest Determination), the Secretary of State, through the Department, considers many factors, including energy security; environmental, cultural, and economic impacts; foreign policy; and compliance with relevant state and federal regulations.
Let’s examine some of these. First, energy security: Would construction of the full Keystone XL pipeline further the energy security of the United States?
Posted January 29, 2014
Energy issue positives from President Obama’s State of the Union address Tuesday night:
Crediting surging domestic oil and natural gas production for adding jobs, creating economic growth and revitalizing the manufacturing sector.
Recognizing that because of domestic output the U.S. “is closer to energy independence than we have been in decades.”
Posted January 27, 2014
Free America’s Energy Future: Drop Washington’s Counterproductive Oil and Natural Gas Ban
Forbes (Doug Bandow): For years people have been told to expect a dismal energy future. But because of rapid free market innovation, Americans now can look forward to a future of energy abundance. The U.S. could even become a leading exporter—if Washington gets out of the way.
Successive presidents and Congresses imposed controls, approved subsidies, created bureaucracies, and issued proclamations. The most common commitment was to achieve “energy independence.” But President Ronald Reagan set the stage for today’s energy advances by unilaterally eliminating oil price controls and pushing Congress to drop natural gas price and use restrictions.
His successors, however, have regressed back to expensive social engineering. George W. Bush declared war on the common light bulb. Barack Obama poured billions into the coffers of well-connected alternative energy firms, several of which, such as Solyndra, have gone bankrupt. And everyone continued to support the authoritarian Gulf kleptocracies, led by Saudi Arabia, to ensure access to imported oil.
Yet an energy revolution is underway. Observed Mark P. Mills, an Adjunct Fellow at the Manhattan Institute, “The game-changing technologies that have emerged involve hydrocarbons: natural gas, oil, and coal.” Major advances have been made in locating and extracting resources—such as horizontal drilling and hydraulic fracturing, or fracking—and operating in more distant and hostile environments.
Read more: http://onforb.es/1f7kRXN
Posted January 27, 2014
With the State of the Union address scheduled tomorrow night, let’s look at how policy goals in President Obama’s past annual speeches to Congress fit with oil and natural gas development. It turns out the fit is good – very good.
For example, in the 2010 State of the Union the president called jobs his No. 1 priority and said American business would always be the “true engine of job creation.” He also applauded the improving health of the retirement funds supporting the future hopes of so many Americans. Oil and natural gas is playing a key role with both.
Posted January 16, 2014
The U.S. Chamber of Commerce’s Institute for 21st Century Energy laid out a road map for energy policy yesterday. Energy Works for US focuses on nine energy areas including removing barriers to increased domestic oil and natural gas production, modernizing the federal permitting process, regulation reform, and ensuring a competitive workforce.
Chamber CEO Tom Donohue spoke on America’s energy renaissance and opportunities for the future:
“Energy is absolutely essential. We have an opportunity to transform our country from one that is dependent on imports to an energy exporter. The U.S. has such energy reserves; we shouldn’t be reliant on foreign sources.”
Posted December 13, 2013
Bloomberg Poll: 56 Percent Say Keystone XL Would Help U.S. Energy Security
Bloomberg Businessweek: More Americans view the Keystone XL oil pipeline as a benefit to U.S. energy security than as an environmental risk, even as they say Canada should do more to reduce greenhouse gases in exchange for approval of the project.
A Bloomberg National Poll shows support for the $5.4 billion link between Alberta’s oil sands and U.S. Gulf Coast refineries remains strong, with 56 percent of respondents viewing it as a chance to reduce dependence on oil imports from less reliable trading partners. That compares with the 35 percent who say they see it more as a potential source of damaging oil spills and harmful greenhouse gas emissions.
Read more: http://buswk.co/1gwdBJq
Posted December 12, 2013
U.S. voters continue to support approval of the full Keystone XL pipeline by strong, bipartisan majorities. A new Harris Interactive survey of 1,025 registered voters found that 72 percent agree it is in the United States’ national interest to approve the Keystone XL so it can deliver North American oil to U.S. refineries. In poll after poll, Americans have said: Build the Keystone XL.
Posted August 8, 2013
EIA – Today in Energy – Oil and Natural Gas Industry Employment Growing Faster than Private Sector
The U.S. Energy Information Administration reports that from the start of 2007 through the end of 2012, oil and natural gas employment increased 40 percent (more than 162,000 jobs) – compared to 1 percent growth in the total U.S. private sector over the same period.
Posted January 18, 2013
At last week’s State of American Energy event in Washington, D.C., we interviewed some of the attendees on the future of U.S. energy development – which we’ll share in future posts. Below, BP America Executive Vice President Dave Nagel talks about America’s opportunity to move toward energy self-sufficiency through purposeful and careful management of its oil and natural gas reserves