Energy Tomorrow Blog
Posted August 28, 2019
U.S. exports of liquefied natural gas (LNG) – growing to a record 4.8 billion cubic feet per day (bcf/d) in the third quarter of 2019 – have been a catalyst for new natural gas resource development, U.S. pipeline and natural gas processing investments and the U.S. economy. ...
The U.S. Energy Information Administration (EIA) expects U.S. LNG exports to more than double again by 2025, which holds the potential for even greater domestic economic benefits, plus a central, emerging role for U.S. energy leadership in global markets.Realizing these benefits is critically dependent on the United States’ ability to build and deliver an unprecedented number of multi-billion-dollar U.S. mega-projects over the next several years. When ”demographics are destiny” and the average age of a welder in the U.S. already is over 57 years, we should remain optimistic about the potential to build these projects but also pragmatic about the policies and business environment needed to achieve the goals.
Posted August 26, 2019
News item: China announces retaliatory tariffs on $75 billion worth of U.S. goods, including a first-ever tariffs on U.S. crude oil imports. In response, President Trump says previously announced tariffs on Chinese goods will go up. The U.S.-China trade war churns on and with it, there’s significant collateral damage.
We discussed the impacts before – the way trade restrictions threaten U.S. competitiveness and global energy leadership, the drag on the U.S. economy and how the administration’s tariffs hurt U.S. consumers, not China. The latest trade tit-for-tat is similarly damaging.
Posted August 23, 2019
We like to talk about the ongoing strength of the U.S. shale revolution – and that’s intentional because, like most Americans, we think continued leadership in producing natural gas and oil is a big deal.
This week the U.S. Energy Information Administration (EIA) underscored America’s energy influence, reporting that last year the U.S. led the world in natural gas and oil production, which it has done since 2014.
Posted August 21, 2019
U.S. crude oil exports are reaching a record 31 countries, and exports of U.S. liquefied natural gas (LNG) are set to jump a projected 63 percent this year – boosting American jobs and adding stability to global markets.
But the ongoing trade war puts growing markets for U.S. energy exports at risk.
Posted August 19, 2019
Even with natural gas playing a leading role in reducing U.S. energy-related carbon dioxide emissions to their lowest levels in a generation and strong industry initiative to keep lowering production-related methane emissions, natural gas opponents remain on the attack, including a new study that's critical of natural gas from North American shale (see rebuttals, here and here).
More authoritative and trustworthy is the National Oceanic Atmospheric Administration (NOAA), which issued these methane-related conclusions in a study published earlier this year …
U.S. natural gas has proven environmental and climate benefits, and it’s critically important here at home and around the world, helping to reduce energy poverty and improve peoples’ lives.
Posted August 16, 2019
Researchers at the University of Alaska Fairbanks made history last month by completing the first true beyond-visual-line-of-sight (BVLOS) flight under the small unmanned aircraft systems (UAS) rule. The team flew a long-range hybrid-electric unmanned aircraft nearly four miles along the Trans-Alaska Pipeline System (TAPS) as part of the Federal Aviation Administration’s (FAA) UAS Integration Pilot Program – and in partnership with Alyeska Pipeline Service Company.
Posted August 15, 2019
By now, the advantages of the American energy revolution are familiar. Soaring production in U.S. shale plays is delivering abundant, affordable and clean natural gas, which is increasingly displacing coal in our energy mix. Today, domestic emissions are at their lowest levels in over 25 years, due in no small part to fuel switching and low-cost natural gas.
While these trends have benefited Americans for more than a decade, an equally exciting story is emerging abroad. Growing exports of U.S. liquefied natural gas (LNG) are spreading these economic and environmental advantages to our allies across the globe.
Posted August 14, 2019
API is proud to again partner with the U.S. Occupational Safety and Health Administration (OSHA) to host the agency’s annual “Safe + Sound Week,” a nationwide event focused on raising awareness and understanding of the importance of safety and health programs in the workplace.
It’s an initiative the natural gas and oil industry fully appreciates and works continuously to advance. Safety is a core industry commitment. It’s fundamental to protecting our workers, the communities that host natural gas and oil development and the environment, each of which help sustain our permission to operate.
Posted August 13, 2019
Now’s a good time to revisit the potential impacts of the “Green New Deal” and other anti-natural gas and oil ideas that have gained so much traction with the Democratic presidential contenders.
As we said a few months ago, fundamentally reordering American energy and Americans’ way of life should be measured by impacts on U.S. consumers, the economy and the country’s energy future.
Posted August 12, 2019
API’s new bolting standard recognizes the critical role that fittings, bolts, screws and other components play in the safe operation of the industry’s exploration and production activities around the world.
Our oil and natural gas companies are present in nearly every conceivable environment. From the icy cold of the tundra to the deserts and oceans, API members require durable steel components that won’t fail them in these tough conditions, while supporting safe and reliable operations.
That’s why we issued API TR 21RT1, “Materials Selection for Bolting.” The new standard makes it easier for companies to select the right equipment for certain environmental conditions.