Energy Tomorrow Blog
Posted October 27, 2016
Using abundant natural gas offers states a path to meeting emissions reduction targets in a way that’s clean, reliable and affordable. That’s what ICF International modeling (on behalf of API) found. ICF analyzed each of the pathways under EPA’s proposed Clean Power Plan (CPP), as well as one in which market forces determine the fuel generation mix and new capacity additions – as opposed to government-mandated choices.
Posted October 13, 2016
Posted August 3, 2016
Some context for legal challenges to EPA’s final rule for new oil and natural gas sources, filed individually this week by a coalition of states, API and other organizations.
As we’ve noted before, methane emissions from field production of natural gas are falling – mainly because industry wants to capture as much of the primary component of natural gas as possible, to deliver to customers. Industry is on it, deploying technologies and know-how to prevent emissions during production. Bottom line: In a period of soaring production, we’ve had falling methane emissions.
This is happening under the current regulatory regime.
Posted July 15, 2016
When approximately 4,700 delegates and alternates gather in Cleveland next week for the Republican National Convention, energy will play a major role – powering the Quicken Loans Arena, transporting delegates and support staff to and from “The Q,” running television broadcast equipment, cooking food, supporting high-tech communications and much more.
Think about energy’s role this way: Without modern energy supplied by oil and natural gas, the event would bear a strong resemblance to the GOP’s 1860 convention, when Abraham Lincoln was nominated at the Wigwam in Chicago.
Posted July 13, 2016
John Holdren, director of the White House Office of Science and Technology Policy, had some important things to say at this week’s U.S. Energy Information Administration (EIA) conference – noting that fossil fuels will remain the world’s dominant energy for decades to come and that the idea of America leaving its oil and natural gas reserves in the ground is “unrealistic.” The first point is a fact-based projection by EIA. The second is a rational conclusion, given the first.
Now, on to something else from Holdren’s speech – his discussion of what he called the “energy-climate challenge.” Holdren:
“Without energy there is no economy, without climate there is no environment and without economy and environment there is no well-being, there’s no civil society, there’s no personal or national security, there’s no economic growth.”
The challenge – providing the energy we need in an environmentally responsible way – certainly is a complex task. The great news is the U.S. has found a model that provides both economic growth and advances climate goals: an abundant supply (thanks to fracking) of low-cost natural gas.
Posted July 12, 2016
The sound approach to energy regulation in the U.S. – one that provides appropriate oversight to oil and natural gas development without unnecessarily impeding progress – continues to be a major theme at the U.S. Energy Information Administration’s (EIA) annual conference in Washington.
Tesoro President and CEO Gregory J. Goff raised the point with his Day 1 keynote speech, calling for transparency, fairness and accountability in federal regulation:
“Consumers, companies and the economy all benefit when government policies are well-reasoned and balanced. America is blessed with an abundance of affordable, reliable energy. It must not be squandered. Allowing the forces of the free market to operate will continue to benefit society. Government should be a facilitating partner in this positive economic force, not a roadblock to it.”
Posted July 11, 2016
The U.S. Energy Information Administration’s (EIA) annual energy conference is under way in Washington, D.C. Here are a few highlights from the first slate of speakers, which included John Holdren, assistant to the president for science and technology, and Gregory Goff, Tesoro Corporation president and CEO.
Holdren went first, saying that the driver of technology in the future will be finding solutions to what he called the energy/climate challenge:
“Without energy there is no economy, without climate there is no environment and without economy and environment there’s no well-being, there’s no civil society, there’s no personal or national security, there’s no economic growth."
Posted June 9, 2016
Competitive forces and industry innovation continue to drive technological advances and produce clean-burning natural gas, which has led to reducing carbon emissions from power generation to their lowest level in more than 20 years, making it clear that environmental progress and energy production are not mutually exclusive.
Posted June 3, 2016
As social media really wants you to know, today is National Doughnut Day, so whether you spell it long or go with donut for short, here are an "energy dozen" to take in while enjoying your tasty treat.
Posted May 31, 2016
Politico has an interview out today with Iain Conn, chief executive of the British energy and services company Centrica. Let’s look at a couple of the points that he makes.