Energy Tomorrow Blog
Posted April 14, 2016
Sneezing is essential to good health – and so are modern pharmaceuticals. Whether your problem is an allergy, a head cold or something more serious, modern medicines help make life healthier, more comfortable and better. Energy is there, too, with chemicals derived from petroleum serving as the building blocks for Aspirin, antibiotics and other helpful stuff. And, of course, energy is integral to the manufacture of pharmaceuticals – for equipment, plant operations and delivery systems.
The flu season has passed, but spring means the onset of allergy season, with budding trees, blooming flowers and birds coming home from southern winter vacations. Over-the-counter and prescription medications make springtime more pleasant for millions of allergy sufferers. Americans spend almost $15 billion a year on allergy medicines. The active ingredients may vary, but all allergy drugs and other pharmaceuticals that improve our health and quality of life depend on energy.
Posted July 8, 2015
A barrel of crude oil or petroleum product shipped by pipeline is safely delivered to its destination more than 99.999 percent of the time, but the industry’s objective remains: zero releases, zero incidents.
Toward that goal, API has just released a new standard to guide operators in the development of a systems approach to safety management – helping them to continuously evaluate their efforts and constantly improve safety. API Midstream Director Robin Rorick:
“Pipelines are safe and efficient, but we are always looking for new ways to make them better, which is why industry is embracing this new standard. It’s also a great example of what can be done when industry, regulators and all key stakeholders work together to achieve a common objective, which is to protect the public, the environment and provide the fuels Americans need.”
Posted July 3, 2015
What makes you happy? Good health? A pleasing career, your family’s well-being, realizing dreams? There are many things we could list that lead to happiness. One of the glories of America is that it’s up to us as individuals to choose – the search for happiness being fundamental to what it means to be an American.
Posted June 23, 2014
So, how about Team USA’s performance in soccer’s World Cup!
The United States men’s national team is/are on the verge of something special down in Brazil – thanks to world-class skills, great coaching and superb fitness – cheered on by thousands of American fans.
Now, imagine for a minute what this World Cup would be like without fossil fuel energy. Think about all of those U.S. boosters, as well as fans from other countries, trying to travel to South America without the energy from fossil fuels. It wouldn't be pretty.
Posted March 10, 2014
A new report on the employment outlook for minorities and women in the oil and natural gas and petrochemical industries can be summed up in two words: tremendous opportunity. The study by consulting firm IHS projects that minorities will fill one-third of jobs in these industries by 2030 – up from one-quarter in 2010.
Posted February 7, 2014
Big news from the Commerce Department this week is that U.S. exports rose to a new high in 2013 and imports dropped to their lowest level since 2009 for the smallest U.S. trade deficit since 2009 – thanks largely to reduced oil imports due to growing domestic production and record exports of products made from petroleum. The Wall Street Journal (subscription required) reports:
A booming domestic energy industry is largely responsible for the turnaround. Not adjusted for inflation, the value of petroleum exports—a category that includes gasoline, kerosene, lubricants, solvents and other products—reached a full-year peak in 2013. Petroleum imports, by value, were the lowest since 2010 and the volume of crude-oil imports, at 2.8 billion barrels, were the lowest since 1995.
Bloomberg reports the U.S. trade gap narrowed to $471.5 billion last year from $534.7 billion in 2012, with the trade balance on petroleum products shrinking to 20.2 percent, the biggest decline in four years.
Jane Van Ryan
Posted March 3, 2010