Energy Tomorrow Blog
Posted February 25, 2020
Listen to API President and CEO Mike Sommers make the case for safe hydraulic fracturing – the chief reason the U.S. is the world’s leading natural gas and oil producer – during an interview with CNBC.
Sommers makes the affirmative argument for fracking because some presidential candidates are talking about banning it – as well as federal natural gas and oil leasing. Sommers said millions of good-paying American jobs, U.S. security and significant environmental progress could be at risk if those advocating a ban on fracking get their way.
The CNBC appearance was among interviews Sommers gave while in New York City last week. In each of them Sommers underscored the vast benefits to the U.S. from modern fracking technology.
Posted February 21, 2020
API’s new video, “The Costs of a Fracking Ban,” pulls no punches: Ending the technology most responsible for the U.S. energy revolution – as proposed by some politicians – would harm millions of Americans and weaken the nation’s security.
With 95% of new natural gas and oil wells developed with hydraulic fracturing, a ban on fracking most likely would end U.S. global leadership in natural gas and oil production and make America weaker, less secure. It would hamstring the economy and could cost millions of jobs. Average household costs could increase, and entire communities could be waylaid in the process.
Posted March 18, 2019
In light of last week’s comment deadline for the U.S. Bureau of Land Management (BLM) Draft Environmental Impact Statement (DEIS) for Alaska’s Coastal Plain Oil and Gas Leasing Program, it’s important to remember just how critical natural gas and oil development is to the Alaskan economy, the Alaskan people, and the long-term energy security of the United States.
Posted March 9, 2019
To mark International Women’s Day, we have a new video featuring leading women from the natural gas and oil industry, including Susan Dio, chairman and president of BP America; Gretchen Watkins, president and U.S. country chair for Shell; and Stacey Nachbaur, Hess senior operations manager for upstream assets. Of course, the things these women say about the natural gas and oil industry are true every day of the year.
Our industry is high tech and critically important to the economy and powering modern life. Natural gas and oil are center stage in most geopolitical discussions, and natural gas is leading the way in reducing greenhouse emissions.
Posted January 2, 2019
Trade talks at the recent G-20 might have produced a ceasefire for one front in the trade war, but collateral damage continues to mount.
Before the holidays, retailers warned that the Trump administration’s tariff policies could raise prices on everything “from cribs to Christmas lights.” They were right. The Tariffs Hurt the Heartland coalition recently announced that Americans would pay more to light the tree this year. The vast majority of our holiday lights come from China, which means they were subject to a new 10 percent tariff this year – another casualty in the ongoing, multi-front trade war. …
Likewise, tariff and quota policies are hitting America’s natural gas and oil industry from multiple directions. We can’t operate without steel to drill wells that produce energy; operate refineries that turn it into gasoline and a variety of other essentials; and build pipelines, liquefied natural gas (LNG) export terminals and petrochemicals plants.
Posted November 28, 2018
During an Explore Offshore discussion on Capitol Hill, it’s not hard to pick out the good reasons for safely and responsibly developing offshore natural gas and oil: long-term U.S. energy and national security, jobs and economic stimulus, revenues to states, global leadership and more.
There’s not a more compelling reason than the way offshore development can create hope and opportunity for people who historically have struggled to gain access to both – a point made by Stephen Gilchrist, Explore Offshore state chairman for South Carolina.
Posted October 11, 2018
In an editorial this week, Colorado’s largest newspaper announced strong opposition to Proposition 112, the anti-progress, anti-energy ballot measure that could put 85 percent of non-federal land off limits to natural gas and oil production in the nation’s fifth-leading natural gas and seventh-largest oil producing state.The Denver Post editorial urges voters to vote no on Proposition 112, arguing that requiring natural gas and oil operations to be 2,500 feet from “vulnerable areas” would be a severe blow to state energy production, jobs and economic growth.
Posted August 30, 2018
A map shows just how much damage could be done to the United States’ fifth-leading natural gas and seventh-largest oil producing state by Colorado’s Initiative 97 – the anti-energy, anti-progress measure that state officials said will be on the November election ballot. Coloradoans and all Americans should be very concerned.
Zeroing in on the state’s top five producing counties (outlined in blue) – Weld in the north on the border with Wyoming, Rio Blanco and Garfield on the western border with Utah, and La Plata and Las Animas on the southern border with New Mexico – the map shows that opportunity for new natural gas and oil development on non-federal land would be all but prohibited.This is an alarming prospect for all Americans, because we’re talking about putting the brakes on one of the country’s leading and fastest-growing energy producers.
Posted August 10, 2018
As a Millennial with unruly hair who hikes and fishes through national parks, few could have expected me to work for the natural gas and oil industry. But three months ago, I started at the American Petroleum Institute (API) as an intern. It would be generous to say I had any knowledge of the industry when I arrived, but during my time at API I have been able to see and experience a new perspective of natural gas and oil. ...
My impression is that natural gas and oil not only has plenty of lucrative opportunities for Millennials and Gen Z’s but needs us to lead the industry into the future.
Posted August 2, 2018
We’ve spelled out the potential dangers to Colorado energy production and the state economy posed by Initiative 97, a measure backed by environmental extremists that would require an extraordinary, 2,500-foot buffer zone between natural gas and oil development and occupied structures and “vulnerable” areas (see here and here). With backers nearing a deadline to collect just over 98,000 valid signatures to qualify the measure for the November ballot, those negative impacts are even starker.