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Energy Tomorrow Blog

January MSR: Oil Scores Perfect ‘10.2’

oil and natural gas production  refining and distribution  economic impacts 

Dean Foreman

Dean Foreman
Posted February 16, 2018

U.S. crude oil production scored a perfect “10” in January – make that 10.2, to be precise, as in 10.2 million barrels per day (mbd). That record production, combined with a new high for refinery throughput and 6.3 mbd of crude oil and refined product exports, narrowed the price difference between U.S. and international crude prices last month and underscored the global impact of U.S. energy. All of this data and more may be found in API’s Monthly Statistical Report for January

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The Meaning of 10.038 Million Barrels Per Day

oil and natural gas production  shale energy  us energy security  technology innovation 

Mark Green

Mark Green
Posted February 1, 2018

The U.S. Energy Information Administration (EIA) reports that in November, U.S. oil production hit 10.038 million barrels per day

– the most in half a century. Three big takeaways: America is stronger and our future is more secure; our industry's technologies are building a better future; and U.S. energy is in it for the long haul.

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Energy, Pump Prices and Consumers

consumers  gasoline prices  oil production  crude oil prices 

Mark Green

Mark Green
Posted July 26, 2017

Nationally, the average price of a gallon of gasoline the third week of July was $2.392 – about 42 percent lower than the national average price at the same time in 2008, according to the U.S. Energy Information Administration. Retail gasoline prices haven’t been “sticky,” as Sen. Charles Schumer said on ABC’s “This Week,” suggesting that some sort of anti-Adam Smith force has kept them from decreasing. Yet, as we can see, they have decreased significantly over a time period that coincides with accelerated U.S. crude oil production (thanks, fracking).

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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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Crude Exports and Consumer Benefits

crude oil exports  gasoline prices  consumers  domestic oil production  eia 

Mark Green

Mark Green
Posted September 9, 2016

Looking back, the weight of scholarship and analysis had predicted that, rather than cause higher pump prices here at home as some claimed, exporting domestic crude would put downward pressure on U.S. gasoline prices. In fact, that’s what we’re seeing – abundant crude oil supply benefiting American consumers. U.S. crude exports are part of that market dynamic – while also helping to support domestic production and strengthening America’s balance of trade.

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Energizing Montana

montana  bakken shale  oil production  vote4energy  states2016 

Mark Green

Mark Green
Posted September 6, 2016

Montana is a leading energy producer in an energy nation – one that leads the world in oil and natural gas output. America’s ongoing energy renaissance is largely due to private energy investment and development – in the Bakken and other energy-rich fields. 

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Vote For Water Management And Conservation - Vote4Energy

production  water management  Oil and Gas  vote4energy  everything  social-license-to-operate 

Kate Wallace

Kate Wallace
Posted September 1, 2016

Our industry understands that water is a valuable natural resource. That’s why oil and natural gas companies are constantly improving their water management and conservation practices. Company efforts typically fall into three different categories.  

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America’s Energy Future: Good Policy, Economic Growth, Consumer Benefits

Oil and Gas  security  production  us energy  Economy 

Kate Wallace

Kate Wallace
Posted August 24, 2016

The United States is a global energy leader, thanks largely to technological advances in hydraulic fracturing and horizontal drilling. America’s energy leadership has proven successful in reducing greenhouse gas emissions, strengthening national security and keeping prices low for consumers. 

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Energizing Louisiana

vote4energy  louisiana  energy production  refineries  states2016 

Mark Green

Mark Green
Posted August 9, 2016

We kicked off our 50 states of energy blog post series on Monday with New Jersey. Over the next several weeks we’ll focus on the impacts of energy in each individual state – underscoring the reality that the United States as an energy superpower, leading the world in oil and natural gas production, is very much a sum of its energy parts. Today: Louisiana.

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Our Energy Good Fortune

climate  energy policy  production  Energy Security 

Mark Green

Mark Green
Posted July 18, 2016

Energy-wise, it’s a great time to be an American. Be it providence or plain good luck, the United States is energy rich – with the technologies, industry expertise and experience to responsibly develop the energy Americans need every day to lead modern lives. The U.S. energy revolution comes at an opportune moment in our country’s history. Consider just some of the products of this good energy fortune…

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