Energy Tomorrow Blog
Posted May 1, 2018
While the Trump administration continues to sort out who will or won’t be subject to steel and aluminum tariffs, the under-reported aspect of the larger tariff-trade story is the potential impact of the tariff exemption process on U.S. industries that use lots of steel – including ours.
The reality is that businesses and industries that rely on imported steel to complete important projects efficiently and economically are in the middle of a nightmarish, bureaucratic mishmash only Washington could foist on private enterprise. That is, the laborious application for an exemption from the steel tariff – an import duty that could end up impacting consumers and our nation’s energy security.
To understand what’s going on, start by imagining the world’s largest snarl of red tape. It might look something like the world’s largest ball of twine, only red.
Posted March 26, 2018
Let’s correct a false narrative out there, that the Trump Administration is rolling back natural gas and oil regulation to benefit industry. A different view is that federal officials are deploying smarter, more efficient, more effective regulation of industry operations, onshore and offshore – which will work best to ensure the safe and well-managed energy development America needs for economic growth and national security, today and well into the future.By smart, efficient and effective regulation we mean clear, commonsense rules that take into account industry’s innovation, advanced technologies and experience, as well as its long, demonstrated commitment to establishing useful standards for operations, equipment and personnel. All of these have strengthened the culture of safety in our industry – particularly in its offshore activities.
Posted January 29, 2018
Posted January 4, 2018
Let’s push back a bit on an emerging narrative that suggests the Trump administration’s recent actions to revoke or revise federal rules on natural gas and oil development are part of an anti-regulation movement prompted by our industry that weakens safety and environmental protections.
It’s a false narrative. Industry supports effective regulation that fosters safety and protects the air, land and water – rules that are clear, with tangible benefits that warrant costs and that work in concert with safe and responsible energy development. This goal of effective regulation is advanced by eliminating duplicative and potentially counterproductive rules.
Posted April 18, 2017
Recent developments represent a significant shift of Washington’s approach to the new reality brought by America’s energy renaissance. All signal a new embrace of safe and responsible domestic oil and natural gas development. All inherently acknowledge that growing U.S. oil and gas production can continue benefiting American consumers, businesses and manufacturers with affordable, reliable energy that supports economic growth and strengthens U.S. security – while playing the major role in U.S. carbon dioxide emissions from electricity generation fall to their lowest levels in nearly 30 years.
Posted April 7, 2017
Earlier this year Customs and Border Protection Agency proposed modifications and revocations to approximately 30 identified rulings under the Jones Act. An economic study by energy consulting firm Calash says these changes likely would lead to decreased offshore oil and natural gas development, resulting in a number of significant negative impacts.
Posted March 28, 2017
A couple of important points may be drawn from President Trump’s “Energy Independence” executive order, and both stem from the new administration’s embrace of the ongoing U.S. energy renaissance. The first is that energy policy from Washington should foster continued safe oil and natural gas development and allow its responsible expansion, so that the country sees job creation, economic growth and increased security. Second, common-sense regulation and more efficient oversight support a competitive U.S. energy industry – that reasonable regulation and streamlined permitting will help create the climate for energy investment that America needs.
Posted March 21, 2017
The Bureau of Land Management’s “venting and flaring” rule should be repealed, which we’ve urged Congress to do under the Congressional Review Act (see here, here and here). The U.S. House has voted for repeal, and the Senate shouldn’t delay in following suit. BLM’s redundant, technically flawed rule already is having negative economic impacts and could put energy production and important progress on reducing emissions at risk.
Posted February 3, 2017
Last week we encouraged Congress to use the Congressional Review Act to repeal the Bureau of Land Management’s (BLM) technically flawed and redundant venting and flaring rule. It appears lawmakers are poised to do just that – concerned that the rule could discourage future energy investment on Indian and federal lands, where production trails output on state and private land, and that it risks negatively impacting supplies of affordable energy to American consumers and businesses. Good reasons all to axe BLM’s rule. Likewise, repeal would be responsive to the specific concerns of voices in the West, where vast acreages are under federal control.
Posted January 13, 2017
As the Trump administration comes into office and the new Congress begins work, a sea-change is needed in the way Washington approaches American oil and natural gas abundance. It’s critically important for consumers, the U.S. economy and our country’s security. We need policies that embrace and harness America’s energy renaissance instead of trying to restrain it. We need an approach to regulation that manages safe and responsible energy development instead of smothering it in short-sighted, often unnecessary restrictions and red tape.