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Energy Tomorrow Blog

Offshore Legal Limbo

domestic energy  exploration  leasing  production 

Jane Van Ryan

Jane Van Ryan
Posted July 24, 2009

Put yourself in this situation. You decide to build your Dream Home. You buy the perfect lot, hire a general contractor and receive your first shipment of lumber. Then, just as the cement truck is preparing to pour the foundation, you learn that there's been a legal glitch--you might not own the lot after all. What would you do? You've already spent a sizable amount of money, and you don't know whether you'll ever be able to build your house. 

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Debunking the Numbers

domestic energy  efficiency  energy  energy development  energy production  energy reality  exploration 

Jane Van Ryan

Jane Van Ryan
Posted July 23, 2009

Individuals who oppose U.S. oil and natural gas development often cite the following sentence: "The United States represents 5 percent of the world's population but uses 25 percent of the world's energy." 

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More Rockin' NEAR the Bakken?

bakken formation  domestic energy  energy  oil production  us geological survey 

Jane Van Ryan

Jane Van Ryan
Posted July 15, 2009

The U.S. Geological Survey calls the Bakken formation the largest continuous oil accumulation it has ever assessed--and nearby, there may be even more North Dakota oil than was previously thought. 

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Looking Back 30 Years

access  domestic energy  energy policy  oil exploration  oil production 

Jane Van Ryan

Jane Van Ryan
Posted July 15, 2009

Thirty years ago today, President Jimmy Carter asked Americans to come together to solve the energy crisis. At the time, global oil supplies had been reduced by political unrest in Iran, gasoline prices were up, and millions of Americans sat in gas lines which snaked through many major U.S. cities. In a televised speech on July 15, 1979, President Carter pressed for more conservation and oil development, saying, "This intolerable dependence on foreign oil threatens our economic independence and the very security of our nation. The energy crisis is real. It is worldwide. It is a clear and present danger to our nation." - See more at: http://energytomorrow.org/blog/author/13/P600#sthash.yeYx9zbK.dpuf

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Rockin' the Bakken

api monthly statistical report  bakken formation  demand  domestic energy  energy  gasoline  production 

Jane Van Ryan

Jane Van Ryan
Posted June 17, 2009

The Bakken formation is making a noticeable improvement in U.S. oil production. According to API's Monthly Statistical Report for May 2009, U.S. oil production climbed for the fifth straight month largely because of higher output from North Dakota's Bakken shale production.

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Higher Taxes = Recipe for Disaster

economics  energy  energy production  Jack Gerard  taxes 

Jane Van Ryan

Jane Van Ryan
Posted May 11, 2009

API issued a statement today from President and CEO Jack Gerard regarding taxes in the administration's "Analytical Perspectives" budget document released this morning.

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Sound Policy Key to Ensuring Energy Security

us energy security  domestic production  federal leases  saudi arabia 

Dean Foreman

Dean Foreman
Posted January 1, 1

One of the great benefits of increased U.S. oil production over the past decade and a half is strengthened U.S. energy security – decreased reliance on foreign oil suppliers and insulation for American consumers against sudden price increases due to geopolitical events, such as last weekend’s attacks on Saudi Arabian oil facilities

Years ago, an episode like that could’ve caused serious alarm in the United States and globally. Yet, the apparent lack of significant or enduring oil price movement following last weekend’s attack shows the tremendous influence U.S. oil production has had on global markets. The same was true after missile attacks on Saudi facilities in 2019 (see here), which substantially reduced Saudi Arabia’s oil exports for a short period. Both events and their aftermath indicate that U.S. domestic production has largely mitigated the price volatility historically associated with serious geopolitical events.

Still, some cautions are in order. 

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