Energy Tomorrow Blog
Posted June 28, 2019
Here's some quantification for the broad, public good the natural gas industry is doing in Pennsylvania – nearly $252 million distributed to counties and municipalities in state impact fees paid by natural gas operators, the highest total since the fee was implemented in 2012.
Behind the numbers: county and municipal governments that host shale wells will receive $135 million, the Marcellus Legacy Fund – for statewide initiatives including greenways, trails and recreation, watershed restoration, flood control, abandoned mine drainage abatement and abandoned well plugging – will receive $90 million and $18 million will go to state agencies.
Posted June 27, 2019
The U.S.-China trade dispute is hurting the United States economy, consumers and the American energy revolution.
In a nutshell, that was industry’s message to the U.S. Trade Representative and Section 301 Committee during a public hearing this week in Washington. U.S. tariffs on more than 100 products – and China’s retaliation – are leaving a mark on the U.S. natural gas and oil industry, one that could have ripple effects throughout the economy.
Posted June 25, 2019
Ten years ago this month the Waxman-Markey cap-and-trade bill died in Congress, and many still argue for a legislative solution to the challenge of U.S. greenhouse gas emissions. Happily for the United States, there’s a solution right under our feet – one that has led the way on emissions reductions, eclipsing what supporters of Waxman-Markey projected for their proposal, while fueling American economic growth and a range of consumer benefits.
It’s natural gas. Together with advanced technologies, many of them innovated by our industry, abundant natural gas has been the agent for progress on multiple fronts.
Posted June 4, 2019
Some important points as the U.S. House Select Committee on Intelligence meets this week to talk about the impacts of climate change on U.S. security interests, global humanitarian conditions and other issues.
First, U.S. security is the responsibility of the U.S. military, which is the largest government user of energy, ranking ahead of many countries in overall energy use. More than any other energy sources and by a wide margin, natural gas and oil power America’s military.
Second, U.S. national security is directly tied to having access to safe, reliable, abundant energy and also decreasing dependence on energy supplied by other nations. Thanks to the U.S. energy revolution, resulting in record oil production, America’s dependence on others has fallen significantly since 2006.
Third, on the humanitarian issue, U.S. natural gas and oil offer a golden opportunity to lift regions and even entire countries out of energy poverty – with power for electricity that’s unavailable to nearly 1 billion people on earth and clean fuel for home heating and cooking, which about 2.7 billion people currently live without.
Posted May 31, 2019
The stage and podium banners at the Alaska Oil and Gas Association Conference in Anchorage this week had a simple, direct message – “Alaska: Back On The Map.” Certainly, the U.S. will be stronger, more secure and prosperous if the energy in Alaska and the Arctic offshore are developed to their potential.
This was the main point of keynote remarks by API President and CEO Mike Sommers (speech video here) – that an energy-strong Alaska makes America energy strong. The critical factor, Sommers said, is securing access to reserves – in the Alaskan offshore, the designated development zone of the Arctic National Wildlife Refuge’s (ANWR) coastal plain and the National Petroleum Reserve-Alaska (NPR-A).
Posted May 30, 2019
A new Colorado law handing more control over natural gas and oil operations to municipalities, authority that used to reside with the state, risks another law – the law of unintended consequences – that could deal a serious blow to one of our country’s leading energy-producing states.
This week the city of Broomfield became the seventh Colorado community to impose a ban on new natural gas and oil development since introduction of Senate Bill 181, which became law last month. …
Before SB 181’s passage, industry warned the law could disrupt responsible natural gas and oil development by hatching a patchwork, unpredictable regulatory system across the state – with the unintended consequence of imperiling energy development and jobs and economic growth. Regulatory uncertainty can chill sizeable investments in new operations that often have significant lead times
Unfortunately, that uncertainty appears to be growing in Colorado – with national implications because the state ranks sixth in both natural gas and oil production.
Posted May 29, 2019
The headline of the opinion piece in the Orange County Register caught my eye – and should get the attention of everyone in this country:
“Fracking saves low-income Americans’ lives”
The article is based on research published earlier this year, which calculated that lower heating costs associated with surging domestic natural gas production averted 11,000 winter deaths in the U.S. each winter from 2005 to 2010.
Read on for details, but this research makes the critically important connection between abundant energy and Americans’ well-being.
Posted May 24, 2019
There’s lots to know and understand from a new NOAA study on U.S. methane emissions from 2006-2015, starting with the study finding that there has been “major overestimation” of industry’s methane emissions trends in some previous studies.
While U.S. natural gas production has increased 46 percent since 2006, scientists found “no significant increase” in total U.S. methane emissions. During this same period, the NOAA study found only a “modest” increase in emissions from natural gas and oil activity. (In the context of surging natural gas production – emissions intensity, or emissions per unit production – industry emissions are even smaller.)
Posted May 14, 2019
Winning on trade looks like this: 12 million U.S. jobs supported in all 50 states; commerce with neighbors Mexico and Canada was nearly $1.3 trillion in 2017 – four times what it was 25 years ago; in the energy space, trade helps the U.S. natural gas and oil industry, which supports 10.3 million jobs – many of which exist thanks to free North American trade
For these reasons and more, Congress should approve the U.S.-Mexico-Canada Agreement (USMCA), the successor to the North American Free Trade Agreement (NAFTA). From an energy standpoint, the case for USMCA approval is strong.
Posted May 14, 2019
Next month the Connecticut Siting Council is scheduled to hold an important vote on a proposed natural gas-fueled power plant near Killingly, the Killingly Energy Center. The plant should get the council’s go-ahead, as it would help meet growing consumer demand while supporting badly needed stability in the regional power grid.
The plant would produce enough electricity for 500,000 homes. In addition to generating electricity, the facility would generate $110 million in local tax revenue over the next two decades while helping the state advance its climate goals (more on that below).
Most importantly, consumers would get needed help.