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Energy Tomorrow Blog

States, U.S. Benefit from Good Energy Policy

american energy  exports  Economy  jobs  regulations  fracking  new mexico  north dakota  michigan 

Mary Leshper

Mary Schaper
Posted March 25, 2015

Rice University: Lifting the 40-year-old export ban on U.S. crude oil would have far-reaching effects on pricing, energy security and energy sector investment, according to new research from the Center for Energy Studies at Rice University’s Baker Institute for Public Policy in Houston. The study, “The US Crude Oil Export Ban: Implications for Price and Energy Security,” was presented today at a news conference at the National Press Club in Washington, D.C., by Kenneth Medlock, the center’s senior director and the paper’s author.

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Hydraulic Fracturing Debate Focuses on Benefits, Regulation

hydraulic fracturing  fracking  Economy  jobs  lng exports  north dakota  texas  keystone xl pipeline 

Mary Leshper

Mary Schaper
Posted March 24, 2015

The Obama Administration released new federal regulations on hydraulic fracturing last Friday that could add to the cost of shale development, and add costs to the poorest Americans the most. ‘Fracking’ is already heavily regulated bythe states and new federal rules could hurt the booming shale industry in places like Wyoming – a state with the largest amount of development on federal lands. These reasons – and more – underscore the question – Do we really need new federal regulations? (Shorter: No.)

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Energy Exports, Overseas Influence and Consumer Benefits

energy exports  crude oil  trade  shale energy  economic benefits  fracking  renewable fuel standard  ethanol 

Mary Leshper

Mary Schaper
Posted March 20, 2015

Bloomberg: Two former Obama administration officials said a four-decade-old ban on oil exports limits U.S. geopolitical influence and makes it harder to get other nations to embrace free trade.

The issue of the ban “arose constantly” in negotiations with other countries, including when the U.S. sought support for sanctions on Iran’s oil production to halt its nuclear ambitions, said Carlos Pascual, a former top energy envoy at the U.S. State Department.

“It’s those kinds of restrictions that in the end affect American credibility, and in the moment when we have to put through an important policy, makes it much more difficult to negotiate,” Pascual said at a Senate Energy and Natural Resources Committee hearing Thursday called to build support for ending the ban in place since the 1970s Arab oil embargo.

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The Benefits of Exporting U.S. Crude Oil

american energy  exports  trade  Economy  jobs 

Mary Leshper

Mary Schaper
Posted March 19, 2015

The 40 year-old oil export ban has been a hot topic in Congress the last few weeks. And as the Senate took up discussion today on the benefits of open trade on global prices, the geopolitical case for ending the ban were made clear.

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America’s Energy is About Right Choices

renewable fuel standard  rfs34  ethanol  regulation  ozone  taxes  keystone xl pipeline  alaska 

Mary Leshper

Mary Schaper
Posted March 12, 2015

Oil and natural gas industry groups joined by environmentalists and anti-hunger groups have joined forces to outline concerns with the Renewable Fuel Standard (RFS) and to ask Congress to repeal or significantly reform the program with its ethanol mandates. 

Additional coverage includes biofuels producers wanting accountability and reform on the RFS' ethanol requirements, and the push for eliminating the RFS once and for all.

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Embracing America’s Energy Abundance

american energy  exports  fracking  pennsylvania  taxes  ethanol  rfs34 

Mary Leshper

Mary Schaper
Posted March 11, 2015

The Hill (Congress Blog): The ongoing shale oil renaissance and the United States’ abundant natural resources has transformed our energy landscape, allowing American consumers access to affordable fuel supplies and spurring significant investment and job growth across our economy. But in order for this renaissance to continue, it is critical that lawmakers ensure that U.S. policy keeps pace so that our energy resources are being leveraged to provide the maximum benefit to the nation’s economy and international geopolitical interests.

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Ethanol, Exports and Effective Energy Policies

ethanol  exports  energy policy  rfs34  jobs  fracking  keystone xl pipeline 

Mary Leshper

Mary Schaper
Posted March 10, 2015

The New York Times op-ed (Robert Bryce): With the collapse in global oil prices, members of Congress are once again pushing to raise the federal gasoline tax, with the proceeds going to new roads, bridges and other infrastructure projects. While some in Congress might be averse to a tax increase of any kind, they might find it more palatable if it came packaged with a tax cut. Fortunately, there is a perfect option, a hidden levy that has benefited a small group of farmers and manufacturers in a handful of states: the corn ethanol tax.

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U.S. Exports, the Global Market and American Opportunity

Mary Leshper

Mary Schaper
Posted March 9, 2015

The Wall Street Journal: Oil is overflowing U.S. storage facilities partly because of the 40-year-old export ban. The wave of bankruptcies and layoffs that many have predicted for the U.S. energy sector may finally be coming, but less because of the distressed price of oil than because producers will have to stop producing if they have nowhere to send their output. Today’s oil export ban was part of a spasm of nonsensical responses to the 1970s, all of them producing disasters on their own different schedules. Price controls on gasoline, the first stooge, quickly failed amid long lines at gas stations. Fuel-economy rules for auto makers, the second stooge, persist to this day, and played an unsung role in driving the auto industry into bankruptcy by forcing it to lose billions trying to compete in the small-car market with the Japanese.

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U.S. Energy and Policy Choices

american energy  fracking  ethanol  rfs34  colorado  new york  exports 

Mary Leshper

Mary Schaper
Posted March 6, 2015

Denver Business Journal: Colorado posted a new record for oil production in 2014, with more than 82.8 million barrels of crude oil pumped from the ground — about 85 percent of it from Weld County oil and natural gas wells, according to a Denver Business Journal analysis of figures posted on the Colorado Oil and Gas Conservation Commission (COGCC) website. The state, along with the nation, has ridden a boom in oil development and production in the last few years.

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American Energy Continues to Boom

oil and natural gas development  texas  colorado  shale energy  new york  liquefied natural gas  lng exports 

Mary Leshper

Mary Schaper
Posted March 4, 2015

AEI Carpe Diem Blog: The Energy Information Administration (EIA) released new state crude oil production data last week for the month of December, and one of the highlights of that monthly report is that oil output in America’s No. 1 oil-producing state – Texas – continues its phenomenal, eye-popping rise. Here are some details of oil output in “Saudi Texas” for the month of December and the economic impact that production is having on the state and national economies:

For the ninth straight month starting in April 2014, oil drillers in Texas pumped out more than 3 million barrels of crude oil every day (bpd) during the month of December.

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