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Energy Tomorrow Blog

The State of American Energy is Strong

american energy  Economy  Energy Security  jobs  fracking  state of the union  state of american energy 

Mary Leshper

Mary Schaper
Posted January 21, 2015

The eight states at the heart of the American shale oil revolution all grew faster than the U.S. national average over the last decade, according to the U.S. Bureau of Economic Analysis (BEA), underscoring the importance of oil production to the U.S. economy. Gross domestic product (GDP) attributable to private industry grew at a compound annual rate (CAGR) of 1.8 percent between 2002 and 2013 for the nation as a whole, after allowing for inflation. But for the eight states at the centre of the shale oil revolution, all of which have increased their production by at least 20,000 barrels per day since 2008, private sector GDP growth has been much faster.

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‘This Unique American Moment’

state of american energy  american energy  oil and natural gas development  economic benefits  infrastructure  american petroleum institute 

Mark Green

Mark Green
Posted January 6, 2015

The U.S. energy revolution is fundamentally empowering. There’s no better word for it. Because of resurgent American energy, our country has choices where the horizon once was filled with energy-based limitations.

Because domestic energy is more abundant, Americans have renewed mobility – literally, in the form of cheaper gasoline that’s largely the result of U.S. crude oil impacting global markets and economically, because of oil and natural gas industry-supported job creation and investment, and a manufacturing renaissance spurred by affordable fuels and feedstocks.

No less important: The United States is more secure in the world because we’re much less dependent on energy from adversarial sources. America's all-of-the-above energy potential is a powerful opportunity for the nation.

This is a special moment in U.S. history, the dawn of a new energy-driven reality that could sustain and grow American prosperity here at home and America’s influence in the world. It could – if we seize it.

Throughout his annual State of American Energy address, API President and CEO Jack Gerard struck the positive chords of possibility in an American energy era – possibilities dependent on our national leadership’s ability to support “smart, responsible and forward-looking energy policies that promote economic growth, job creation and U.S. energy security and leadership.” 

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State of American Energy 2014

soae 2014  state of american energy  oil and natural gas development  keystone xl pipeline  hydraulic fracturing  shale benefits  regulation 

Mark Green

Mark Green
Posted January 7, 2014

API President and CEO Jack Gerard’s annual State of American Energy address put surging U.S. oil and natural gas production into context, saying that it has created a generational opportunity to secure this country’s energy future – an opportunity that would have been unimaginable just a few years ago. Gerard:

“Our future is ultimately of our own design. … We will decide if America continues its march toward global energy leadership – a once-in-a-generation choice – or remains content to play a supporting role in the global energy market. We can erase what for decades has been America’s greatest economic vulnerability – our dependence on energy sources from other continents, particularly from less stable and friendly nations – and fundamentally alter the geopolitical landscape for decades to come, all while providing a much needed boost to our economy. But only if we get our energy policy right.”

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State of American Energy 2013: Investing in America

state of american energy  soae 2013  soae  energy policy  domestic energy  Energy 101 

Mark Green

Mark Green
Posted January 7, 2013

With the 113th Congress about to convene and President Obama preparing to launch his second term, America’s oil and natural gas industry is ready to take a leading role in boosting the nation’s economy – largely through investments stemming from increased development of domestic oil and natural gas.

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Graphically Speaking: Policy and Lost Energy Investments

state of american energy  policy  gulf  energy 

Mark Green

Mark Green
Posted January 13, 2012

Policies have consequences – in the graphic below from API’s 2012 State of American Energy report, the consequences of the 2010 Gulf deepwater drilling moratorium are manifest: more than $21 billion in investment dollars lost and the departure of drilling equipment to other, more hospitable, venues.

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Starting the Energy Debate

vote 4 energy  taxes  state of american energy  earnings  domestic energy  access 

Mark Green

Mark Green
Posted January 5, 2012

Will Americans vote energy in 2012? We think they should, and API President and CEO Jack Gerard made a compelling argument for it yesterday at the second State of American Energy event in Washington, D.C.

Gerard’s speech was both an appeal and a signal. The appeal: America’s oil and natural gas industry believes there’s never been a better time for a fact-based debate on energy that focuses on ways to help make this country more energy self-reliant and more secure. The signal: API’s new Vote 4 Energy campaign is under way, designed to persuade American voters to be energy-issue voters in this election year.

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Vote 4 Energy: The Launch

vote 4 energy  state of american energy  keystone xl  access 

Mark Green

Mark Green
Posted January 4, 2012

Challenge: Getting more Americans to see themselves as energy-issue voters in 2012.

Solution: API’s Vote 4 Energy campaign, launched today at the second State of American Energy event at Washington, D.C.’s Newseum.

In a keynote speech President and CEO Jack Gerard framed the energy-related issues upon which API hopes to engage Americans with the new informational campaign:

  • America as an energy-rich nation.
  • America’s oil and natural gas industry as a tremendous catalyst for job creation, economic growth and energy production.
  • Energy as key to America’s future security.

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More Taxes Jeopardize American Oil and Natural Gas Development

domestic energy  economic growth  energy policy  gasoline prices  gdp  oil and natural gas industry  prices  state of american energy  taxes  brazil  saudi arabia 

Jack Gerard

Jack Gerard
Posted May 3, 2011

Editors Note: Today API President and CEO Jack Gerard gave an update on the State of American Energy, outlining a path to success for lower gasoline prices, increased energy security and more American jobs.

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