Energy Tomorrow Blog

CBO Calculations: Too Rosy a Scenario

climate change  congress  energy  energy policy  over regulation  waxman-markey 

Mark Green
Posted June 24, 2009

The most recent Congressional Budget Office (CBO) calculations for the Waxman-Markey climate bill give new meaning to the term "rosy scenario."

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A Policy of Delay

domestic access  domestic energy  energy  energy development  energy policy  leasing  utah 

Mark Green
Posted June 24, 2009

Yesterday, the U.S. Bureau of Land Management (BLM) suspended the sale of all 31 oil and natural gas drilling tracts in Utah that had been purchased earlier in the day during a regularly scheduled lease sale, after the bureau accepted last-minute protests about the sale from two environmental groups. BLM has put all the leases on hold to conduct an environmental assessment.

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Reject Waxman-Markey

climate change  congress  energy  energy policy  over regulation  waxman-markey 

Jane Van Ryan
Posted June 23, 2009

This Friday, the U.S. House of Representatives is expected to take up the American Clean Energy and Security Act of 2009, or the Waxman-Markey bill. The American Petroleum Institute (API) strongly opposes the bill, and today sent a letter to every member of Congress explaining why this bill should be rejected by the House.

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Waxman Markey: Higher Costs, Fewer Jobs, Short on Environmental Benefits

climate change  congress  energy  energy policy  over regulation  policy  waxman-markey 

Mark Green
Posted June 23, 2009

This week, the U.S. House of Representatives will take up the Waxman-Markey bill aimed at reducing greenhouse gas emissions. While the oil and natural gas industry endorses the bill's goal of protecting the environment, this bill should be rejected. Simply stated, the Waxman-Markey climate change legislation will cost Americans billions of dollars, kill jobs and will not deliver the environmental benefits promised.

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A Broad Spectrum of Reliable Energy

access  domestic access  domestic energy  drilling  fossil fuels 

Jane Van Ryan
Posted June 22, 2009

Yesterday's Richmond Times-Dispatch editorial, "Energy: Drill, Baby" discussed the nation's current and potential energy reserves and stressed the importance of increased access to oil and natural gas:

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Picking over Bones

earnings  energy  energy reality  ernst young  us ep benchmark study 

Jane Van Ryan
Posted June 22, 2009

A new Ernst & Young report is adding some context to 2008's wildly fluctuating oil prices and misperceptions about oil company earnings. The report, called "U.S. E&P Benchmark Study," is the consulting firm's annual snapshot of the oil and natural gas industry's exploration and production activities.

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Human Capital

workforce  labor  energy citizens  energy  american petroleum institute 

Jane Van Ryan
Posted June 19, 2009

The oil and natural gas industry provides excellent opportunities for its employees. The work is challenging, and the salaries are an estimated two- to three-times the national average. Still, the industry is facing an employment crisis. The workforce is graying, and the number of experienced employees is declining as many reach retirement age.

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Taxing Our Way to Energy Insecurity

congress  energy  energy policy  obama  taxes  institute for 21st century energy 

Jane Van Ryan
Posted June 18, 2009

Did you know that Congress is about to consider massive taxes and fees on the U.S. energy sector?

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A Positive Step Forward

access  congress  energy  energy bill  energy policy  gulf of mexico  offshore drilling  energy independence and security act of 2007 

Mark Green
Posted June 17, 2009

Today, the Senate Energy and Natural Resources Committee voted 15 to 8 to approve an energy bill that would open part of the Eastern Gulf of Mexico for additional oil and natural gas leasing and clarify ambiguous language included in the Energy Independence and Security Act of 2007. This language--as originally written--could have prohibited federal agencies from using transportation fuels derived from Canadian oil sands.

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API, labor sign historic jobs promotion agreement

domestic access  energy  energy policy  unions 

Jane Van Ryan
Posted June 17, 2009

Today, the American Petroleum Institute (API) and labor unions announced the historic creation of the Oil and Natural Gas Industry Labor-Management Committee, which will work to preserve and create jobs by promoting domestic oil and natural gas production. Currently, the industry employs more than 1.8 million American workers and supports another 4 million workers.

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