Energy Tomorrow Blog
Posted July 27, 2016
Thanks largely to increased use of domestic natural gas, U.S. energy-related carbon emissions in 2015 were 12 percent lower than they were in 2005 – even though the economy last year was 15 percent larger than it was a decade before. EIA says the carbon drop is mostly because of changes in the electric power sector, where natural gas has become the leading fuel for generation. EIA reports that CO2 emissions from electricity generation were the lowest since 1993:
The larger point is one we’ve made a lot lately – that while there’s a lot of talk about the need to advance climate goals, the United States already is doing it with a big assist from abundant, affordable domestic natural gas. It’s a model that is working, even as the U.S. develops more energy here at home and as our economy grows.
The U.S. leads the world in reducing carbon emissions, which is a win in anyone’s book.
Posted July 26, 2016
Let’s talk about choice – our energy choice, which is so relevant in this election year.
The great news is that America’s energy renaissance, which has made the U.S. the world’s leading producer of oil and natural gas, means we can discuss our country’s energy future from a position of abundance and strength – free of the partisanship that frames so many other issue conversations in Washington. The need for energy is bipartisan, and we should approach our energy choices in that spirit.
Posted July 25, 2016
When we think of U.S. security and jobs and enabling individuals in society, we’re drawn to energy’s significant role. Without energy security it’s difficult to imagine an America that’s stronger and safer in today’s world. It’s hard to craft a scenario for a stronger economy that’s producing good jobs without secure energy sources. Energy also is a key factor in increasing individual prosperity and opportunity.
Thus, you see an overwhelming majority, strongly bipartisan, that supports a national energy policy that ensures a secure supply of abundant, affordable energy, produced in an environmentally responsible way.
Posted July 22, 2016
Democrats will gather at Wells Fargo Arena in South Philly – nearly 4,500 delegates led by contingents from California (476), New York (277), Florida (238) and Texas (237). As was the case in Cleveland, energy will keep the show running.
Delegates will be glad for modern transportation that gets them to and from the arena, on excursions to the Betsy Ross house, the Franklin Institute and the Philadelphia Museum of Art’s famous steps – decorated for the convention with one of the 57 painted fiberglass donkeys scattered around town, representing the 50 states, five U.S. territories (Guam pictured), the District of Columbia and Democrats Abroad.
They’ll also benefit from generated electricity for lighting, sound systems, Jumbotrons and modern telecommunications – a collection of new fangledness no Democrat could possibly have imagined when the party staged its first convention at The Athenaeum in Baltimore in 1832 to nominate President Andrew Jackson for a second term.
Posted July 21, 2016
Reducing government regulation found its way into a number of the speeches at the Republican Convention in Cleveland, and this is especially important to the future of America’s energy renaissance.
Along with cutting government red tape in leasing and permitting of energy projects, establishing a common-sense approach to energy regulation will help encourage the private investment and innovation that are driving the surge in domestic oil and natural gas production.
More on that below. First, remember that as the U.S. continues to lead the world in oil and gas production, we’ve seen economic benefits, cost savings for consumers, lower crude oil imports that have helped make America more energy secure and carbon emissions reductions that lead the globe.
Posted July 20, 2016
Because of vast energy reserves and the advanced technologies and expertise to safely develop them, the United States’ energy future looks promising and secure. America continues to lead the world in oil and natural gas production, which is critically important for a future in which both are projected to remain the leading fuels supporting our economy and modern way of living. Energy security, in increasing measure, is in our hands … if.
If we make the right energy policy choices, and if we select leaders who will advance those policies. If we safely harness America’s energy wealth, if we foster the private investment and innovation that launched the ongoing energy revolution – if we do all these things, there’s no reason the United States can’t benefit from secure energy far into the future.
In this election year we should identify visionary leaders on energy issues – those who see and grasp the historic opportunity provided by surging domestic oil and gas production and also the actions needed to keep that production going. In that sense, energy can be a 2016 vote-decider.
Posted July 19, 2016
Energy and Campaign 2016 are a good fit. Whatever opportunity America has for present and future economic growth, individual prosperity and national security is connected to decisions voters will make this fall – and all of these things can be linked to energy.
All of us need energy, which is the reason it’s a rare bridge between the usual partisan divides. API President and CEO Jack Gerard earlier this year:
“As the two political parties look to … unify their parties behind a slate of candidates and party platforms, we want to remind them of the bipartisan nature and foundational role of our candidate: Energy, particularly oil and natural gas, which makes our modern society possible and provides our quality of life.”
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 14, 2016
CNBC has put out its annual ranking of America’s top states for business, an analysis based on a number of things including metrics for workforce, infrastructure, access to capital and quality of life. Another of those metrics, cost of living, caught our eye because energy was part of the calculation. Indeed, in CNBC’s ranking of the country’s 10 most expensive states to live in, the cost of energy to residents a key factor.
Five members of that dubious top 10 are New York, Connecticut, Massachusetts, Rhode Island and New Hampshire, and energy costs there are higher than they need to be. According to the U.S. Energy Information Administration (EIA), those states and neighbors Maine and Vermont all had costs for residential electricity and natural gas that exceeded national averages this past winter. Of course, these states are located in a part of the country where more energy infrastructure (see previous posts here and here) could positively impact energy costs.
A couple of charts show the cost being borne by consumers in those states, in part, because there’s inadequate natural gas pipeline infrastructure to meet home heating and power generation needs during peak winter months.
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.