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Energy Tomorrow Blog

Refined Products Exports Bolster U.S. Trading Posture

exports  crude oil exports  lng exports  chevron  refining distribution 

Mark Green

Mark Green
Posted March 10, 2017

We’ve talked quite a bit about the way America’s energy renaissance is benefiting consumers, supporting the economy, strengthening our security, reducing U.S. energy-related carbon emissions to 25-year lows and bringing overseas wealth into this country through the export of crude oil and natural gas.

There’s even more: U.S. exports of refined petroleum products are soaring. Here’s a chart developed from U.S. Energy Information Administration (EIA) data, showing that exports of refined products have more than doubled in the past decade to about 3 million barrels per day…

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100 Days: Energy Exports Strengthen U.S., Boost Allies

100-days  lng exports  crude oil exports  economic growth  us energy security 

Mark Green

Mark Green
Posted February 13, 2017

A new era of U.S. energy exports is under way. The United States started freely trading crude oil in January 2016, following congressional legislation to end a 1970s-era ban on exports. The same month the first cargo of U.S. LNG produced from shale left Cheniere Energy’s Sabine Pass export terminal. Last month, export volumes from Sabine Pass reached a record 1.476 billion cubic feet of gas equivalent, according to Platts Analytics. Exports of LNG and crude oil both offer multiple economic benefits.

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For the Broad Benefits of Free Energy Trade

energy exports  lng exports  trade  economic growth 

Mark Green

Mark Green
Posted January 25, 2017

American energy also should be able to reach new markets abroad. Freely trading U.S. crude, LNG, petrochemicals and finished products made from petroleum and natural gas is key to strengthening U.S. competitiveness around the globe, economic growth and domestic energy production.

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The Global, Positive Impacts of the U.S. Energy Renaissance

oil and natural gas  exports  lng exports  domestic energy production  fracking  shale energy 

Mark Green

Mark Green
Posted December 7, 2016

It’s hard to overstate the importance of America’s fracking-led energy renaissance – to our economy, individual households, energy security, the environment and to America’s ability to shape global events for the good. That last point is being underscored right now.

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LNG Exports Strengthen U.S. Competitiveness, Help European Allies

lng exports  russia 

Mark Green

Mark Green
Posted November 16, 2016

With legislation to streamline and expedite approvals for U.S. LNG export projects pending in Congress, the U.S. ambassadors of Lithuania, the Czech Republic, Estonia, Hungary, Latvia, Poland and Slovakia wrote to congressional leaders this week, urging action. From their letter to House Speaker Paul Ryan (letters also were sent to Senate Majority Leader Mitch McConnell, Senate Minority Leader Harry Reid and House Minority Leader Nancy Pelosi):

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LNG Exports for Our Economy, Manufacturing and Environment

liquefied natural gas  lng exports  economic benefits  manufacturing  climate 

Mark Green

Mark Green
Posted October 3, 2016

As is the case with any tradable commodity, selling U.S. natural gas outside this country promotes domestic jobs and economic growth. Expanding demand for U.S. natural gas in global markets through LNG exports will result in increased domestic investment, enhanced GDP growth, rising incomes and more well-paying jobs. At the same time, U.S. LNG exports will expand global natural gas markets – enhancing U.S. influence to encourage transparency and fair market rules while strengthening relationships with our allies.

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Energizing Maryland

maryland  lng exports  natural gas  vote4energy  states2016 

Mark Green

Mark Green
Posted September 29, 2016

An all-of-the-above energy narrative is playing out in Maryland – as it is in the country at large. The United States is the world’s leading producer of oil and natural gas, fuels that are complemented by coal, nuclear, solar, wind and other renewable energy sources.  It’s an approach that serves the nation well and should be supported by pro-development policies

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The Case for Expediting LNG Export Approvals

lng exports  trade  economic growth  emission reductions  security 

Mark Green

Mark Green
Posted September 21, 2016

With environmentalists attacking a provision in pending energy legislation that would boost the competitiveness of U.S. liquefied natural gas (LNG) exports, now’s a good time to review the reasons to expedite federal approval of LNG export projects in this country.

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Energizing Oregon

oregon  vote4energy  natural gas  lng exports  states2016 

Mark Green

Mark Green
Posted August 20, 2016

Even in a big hydroelectric power-producing state like Oregon, petroleum-based fuels play an important energy role. Hydro accounted for 55.5 percent of the state’s net electricity generation in 2015 and supplied 34 percent of the energy Oregonians used in 2014 – the largest single energy source. Yet, combined fuels from oil and natural gas supplied 54.5 percent of the energy the state used. By itself, natural gas supplied 23 percent of the energy the state consumed.

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Competing to Win in Global LNG Export Market

liquefied natural gas  lng exports  trade  us energy security  fracking  infrastructure 

Mark Green

Mark Green
Posted August 2, 2016

Gaining strength is the argument that the United States should move as expeditiously as possible on liquefied natural gas (LNG) export infrastructure that would help secure America’s place in the emerging global LNG market.

The added heft is seen in two ways. First, the initial U.S. shipment of LNG passed through the newly expanded Panama Canal last week, underscoring a point made in this postthat the widened canal will shorten voyage times from U.S. LNG export facilities on the Gulf Coast to Asia and the western coast of South America, boosting the competitiveness of U.S. suppliers. Reduced voyage time means quicker turnaround times, leading to better service and a boost to U.S. competitiveness.

Secondly, an International Energy Agency (IEA) report projects the U.S. will become the world’s third-largest LNG supplier in five years, behind Qatar and Australia. 

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