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Energy Tomorrow Blog

A Flawed Approach on Climate, Energy

analysis  climate change  energy development  emissions  natural gas benefits  Jack Gerard 

Jack Gerard

Jack Gerard
Posted September 17, 2015

Below is the first of a short series of posts on the intersection of energy development and efforts to meet climate-change goals. In this post, API President and CEO Jack Gerard comments on the Obama administration’s Clean Power Plan and its flawed approach of picking winners and losers in the energy sector.

On Monday, Aug. 3, the Environmental Protection Agency (EPA) announced sweeping new carbon regulations for power plants. By Wednesday, Aug. 5, the government announced carbon emissions from power plants in April 2015 reached a 27-year low.

Did the costly, top-down mandates of the Clean Power Plan really work that quickly? Of course not. The dramatic emissions reductions are the result of market forces that have nothing to do with heavy-handed government regulations and everything to do with the fact that the United States is the world’s leading producer of natural gas.

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Energy Abundance and Global Energy Leadership

oil and natural gas production  keystone xl pipeline  fuels  refineries  greenhouse gas emissions  ozone regulations  renewable fuel standard  cera 

Jack Gerard

Jack Gerard
Posted April 22, 2015

Today, the United States leads in petroleum products, refining and natural gas production, and we’re on track to lead in the production of crude oil; facts reinforced by last week’s EIA Annual Energy Outlook.

The report confirmed that our nation is more energy secure than ever before.  And it said in part that domestic production of natural gas is projected to grow through 2040 eventually reaching 35.45 tcf; and domestic oil production is projected to exceed 10 mbd in a few years and remain at that level through 2030.  Keeping pace with our nation’s increased development of our energy resources are the 139 operating refineries that produce more fuel than ever before and support roughly 540,000 good paying jobs and 1.9 percent of our nation’s economy.  

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America’s Game-Changing Energy – and Jobs – Opportunity

oil and natural gas industry  workforce  Jack Gerard  women in energy industry 

Jack Gerard

Jack Gerard
Posted February 12, 2015

API President and CEO Jack Gerard spoke to students at Texas Southern University in Houston this week about America’s energy revolution and career opportunities in the industry. Highlights from the speech (as prepared for delivery):

Today, the United States is first in natural gas production, petroleum refining and soon to be the No. 1 producer of crude oil as early as this year, with some projecting we are already there. We have surpassed all expectations and achieved a level of domestic energy production that was unthinkable even five years ago. … North American energy production is expected to increase for many years to come and as a result (and) so are the number of jobs available within the industry.

As an example, with one change to U.S. energy policy, lifting the prohibition on crude exports, the oil and natural gas industry within five years could create up to 300,000 jobs, almost 41,000 of them right here in Texas. Already, this new era of energy abundance has not only set production and refining records, it has also added 600,000 jobs between 2009 and 2011 to the nation’s economy at a time when it was needed the most. …

It will be up to the next generation of Americans, your generation, to expand and maintain our nation’s energy abundance and global energy leadership. It is up to my generation to make sure that you have skills, knowledge and information needed to make the most of that opportunity. 

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Let’s Grow the Workforce to Sustain Our Energy Renaissance

oil and natural gas development  education  workforce  women in energy industry 

Jack Gerard

Jack Gerard
Posted September 18, 2014

America’s oil and natural gas industry supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. Industry’s extensive network of 30,000 vendors, suppliers, and contractors create and support jobs and grow the economy in every state in the union and almost every congressional district.

What this speaks to is the unprecedented opportunity created by America’s 21st century energy renaissance, which is a direct result of technical advances in the U.S. oil and natural gas industry.  If we seize this moment in our history and work together on energy policies that promote the safe and responsible development of our nation’s enormous energy resources, our industry will not only create and support millions of well-paying jobs far into the future, but also make America a global energy superpower for generations.

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A Commitment to Rail Safety

standards  transportation  oil products 

Jack Gerard

Jack Gerard
Posted February 27, 2014

Editor’s note: API President and CEO Jack Gerard testified this week at a rail safety hearing of the House Transportation and Infrastructure Committee’s Subcommittee on Railroads, Pipelines and Hazardous Materials.

The revolution in North American energy development has been made possible by technological breakthroughs in decades-old methods of energy development, which has set this nation on the path to energy security, a concept unthinkable just a few years ago.

The energy policies we choose today will determine if our nation will continue its march toward global energy leadership – a unique and once-in-a-generation opportunity. America’s  dramatic increase in domestic energy production has fundamentally altered the global energy markets and more broadly the geopolitical landscape for decades to come – all while providing a much needed boost to our economy.   

In order to achieve our nation’s full potential as a global energy leader all of us have to work together to ensure that our energy infrastructure is capable of safely, reliably and efficiently transporting ever-increasing amounts of domestically produced energy, whether by truck, barge, pipeline, or the focus of today’s hearing, rail.

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Energy Security, Economic Security and Retirement Security

energy economy  energy investment  natural gas 

Jack Gerard

Jack Gerard
Posted January 31, 2013

More than 97 percent of stock in U.S. oil and natural gas companies is held by the public, including many Americans who depend on these earnings to secure their retirements through investments in IRAs, 401(k)s and pension funds. So when oil and natural gas company earnings are strong, it’s good news for retirees.

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From the Convention

vote4energy  domestic energy  access 

Jack Gerard

Jack Gerard
Posted August 30, 2012

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Building on the Shale Revolution

hydraulic fracturing  ohio  pennsylvania  west virginia 

Jack Gerard

Jack Gerard
Posted October 4, 2011

It's hard to overstate the impact of the shale energy revolution in this country, spurred by fracturing technology and innovations in horizontal drilling. It's a revolution marked by dynamic economic growth, job creation and, of course the energy to drive our country's future.

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Drilling Safety, Energy Security

center for offshore safety  domestic energy  domestic energy security  domestic exploration  domestic production  energy supply  gulf of mexico  oil access  oil production  spill response  oil safety  oil spill prevention and response  oil spill response  oil spill prevention 

Jack Gerard

Jack Gerard
Posted May 25, 2011

Our industry's longstanding commitment to safe operations was questioned by some after last year's tragic spill in the Gulf of Mexico. Today, we have more than 20 industry groups working concurrently on improving spill prevention and response. Oil companies are committing resources in the form of dollars, time and expertise to ensure that these improvements are implemented.

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America's Energy Crossroads

domestic access  domestic energy  drilling  energy  energy information administration  energy policy  permits  renewable energy  revenue 

Jack Gerard

Jack Gerard
Posted May 18, 2011

The future is going to require a lot of energy, of all kinds. World energy consumption is projected to grow nearly 50 percent by 2035. Renewable energy is projected to increase by nearly 200 percent by 2035 over 2008, thanks to leadership and investment from our own industry and others.

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