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Energy Tomorrow Blog

Panama Canal Expansion and U.S. LNG Exports

liquefied natural gas  lng exports  infrastructure  economic benefits  trade 

Mark Green

Mark Green
Posted July 5, 2016

newly expanded Panama Canal is open for business.

It’s noteworthy, as federal official say, that the enlarged canal can handle the vast majority of the world’s liquefied natural gas (LNG) tankers while significantly shortening travel time and transportation costs for U.S. LNG suppliers to key overseas markets. This is huge for U.S. LNG exports, offering another strong argument for swifter federal approval of pending LNG export projects.

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Just Say ‘Yes’ on Natural Gas, Infrastructure

natural gas  pipelines  climate  infrastructure  costs 

Mark Green

Mark Green
Posted July 1, 2016

When you see the significant economic, consumer and climate benefits to the U.S. from increased  use of natural gas, it’s quite a puzzle when some won’t take “yes” for an answer – yes to lower energy costs, yes to infrastructure jobs, yes to carbon emissions reductions. Unfortunately for Massachusetts residents, that’s the path the state legislature appears to be taking. More below. First, a review of how clean-burning natural gas is making life better across the rest of the country.

Let’s start with reduced household energy costs, which are helping to lower Americans’ cost of living, according to the U.S. Energy Information Administration (EIA). In constant 2015 dollars, EIA says average annual energy costs per household peaked at about $5,300 in 2008 then declined 14.1 percent in 2014.

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A Look at Energy Projections and Polls

oil and natural gas  us energy security  climate  economic growth  eia 

Mark Green

Mark Green
Posted June 24, 2016

Let’s spend a few words supporting the work of the folks at the U.S. Energy Information Administration (EIA) – which compiles energy data and produces reports that depict America’s current energy picture, as well as projections on how that picture could look years from now. EIA’s analyses are valuable for policymakers, energy-associated industries, a range of business sectors and regular Americans.

Unfortunately, EIA is taking criticism from some quarters because its reports, such as the Annual Energy Outlook 2016, project that fossil fuels will continue to be the largest piece of the U.S. energy portfolio well into the future. A number of critics want EIA to issue projections that are more optimistic about the use of renewables. ...

While predicting things is tricky, it looks like EIA’s 2000 projection for 2015 turned out to be pretty accurate for petroleum/other liquids and renewables.

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Access to Support America’s Energy Revolution

oil and natural gas  access  offshore energy  onshore development  leasing plan 

Mark Green

Mark Green
Posted June 22, 2016

It’s clear in a new Harris Poll on energy issues that Americans recognize the revolutionary opportunity that’s being afforded the United States by increased domestic energy production – consumer benefits, economic growth and increased security.

The poll’s registered voters see a new U.S. energy narrative, one of abundance that’s making America more self-reliant and stronger. Even more, those surveyed appreciate the fact that American-made energy is a path to future prosperity, and they want policies that help ensure that path is taken.

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Hearing the Voters on Energy

oil and natural gas  economic growth  access  vote4energy  us energy security 

Mark Green

Mark Green
Posted June 21, 2016

There’s a reason pro-energy messages and objectives enjoy overwhelming support from the American people: Americans recognize that domestic energy production is nonpartisan and that it leads to prosperity throughout the land.

In this election year, the key is getting the folks running for office at all levels to get onboard with the voting public, for them to hear the strong pro-energy message voters are sending – seen in a new Harris Poll released at this week’s “Energy and the Election” event.

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Tuesday Event: Energy and the Election

vote4energy  oil and natural gas  access  infrastructure  energy policy 

Mark Green

Mark Green
Posted June 20, 2016

New polling information that details American voters’ views on energy issues in this election year will be unveiled during an event tomorrow morning hosted by API: 

“Energy and the Election: What Voters Think.” You can watch the event live, starting at 9 a.m., at www.vote4energy.org.

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Talking vs. Doing on Climate

climate  emission reductions  natural gas  us energy security  consumer products 

Mark Green

Mark Green
Posted June 16, 2016

When it comes to making actual progress on climate through the reduction of carbon emissions, basically there are two groups: talkers and doers.

Talkers spend much of their time filibustering on the need to reduce emissions through central government planning – bureaucratic programs, new layers of regulation, onerous pricing mechanisms and more – while criticizing those who don’t rush to embrace Washington climate think.

As for the doers, they’re already reducing emissions. Our industry is part of this second group.

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Safe Fracking and Our Energy Future

natural gas  hydraulic fracturing  fracking  safe operations  climate 

Mark Green

Mark Green
Posted June 14, 2016

Advanced hydraulic fracturing – the foundation of America’s historic, game-changing energy revolution – is under attack. On the presidential campaign trail, in conversations in Washington and other places, fracking faces ideologically motivated challenges from those who ignore its science and misrepresent its safety record.

It’s critically important that we have an honest conversation about hydraulic fracturing because it is responsible for at least 2 million wells and up to 95 percent of new wells being drilled – accounting for more than 43 percent of oil and 67 percent of natural gas production. The U.S. Energy Information Administration (EIA) projects that fracking, which now accounts for about half of U.S. dry natural gas production (14 trillion cubic feet or Tcf), will account for 69 percent of production in 2040 (29 Tcf).

This is significant because increased use of clean-burning natural gas is the primary reason the United States is leading the world in reducing energy-associated carbon emissions. Without fracking and the natural gas produced by it, the United States would be with the other nations of the world who’re in search of climate solutions.

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Video Tells Story of New Gulf Platform ‘Heidelberg’

offshore energy  offshore platform  oil and natural gas  gulf of mexico 

Mark Green

Mark Green
Posted May 25, 2016

Heidelberg and other offshore production facilities are integral to U.S. energy security. The U.S. Energy Information Administration (EIA) estimates Gulf production will average 1.63 million barrels of oil per day (mb/d) this year and reach 1.91 mb/d by December next year, accounting for 18 percent and 21 percent of total U.S. crude oil production in 2016 and 2017, respectively.

Output from Heidelberg and other platforms reflects decisions made years ago – to buy leases and to invest in exploration and development. That’s why it’s critically important for robust planning now, starting with the government’s 2017-2022 offshore oil and natural gas leasing program that’s currently being put together by federal officials.

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The Affirmative Case For Energy

oil and natural gas  climate  emission reductions  us energy security 

Mark Green

Mark Green
Posted May 24, 2016

Compelling video interview earlier this month with Chevron Chairman and CEO John S. Watson by the Wall Street Journal – headlined the “Morality of Oil.”

This is especially timely, given the claims of some industry opponents that affordable, reliable, portable energy somehow isn’t a public good, despite some important facts to the contrary.

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