Energy Tomorrow Blog

Offshore Legal Limbo

domestic energy  exploration  leasing  production 

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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Developing California's Offshore Resources: More Revenue, Jobs, Energy Security

access  domestic energy  drilling  energy development 

Mark Green
Posted July 23, 2009

California wisely has decided to use a portion of its abundant natural resources to pay for services to its citizens. An estimated $1.8 billion in state royalty payments are expected over the life of developing these resources, and the funds will help defray the state's budget shortfall as well as increase our nation's energy security.

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Debunking the Numbers

domestic energy  efficiency  energy  energy development  energy production  energy reality  exploration 

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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Corn in Your Tank

clean air act  domestic energy  e15  energy  epa  ethanol  over regulation 

Jane Van Ryan
Posted July 22, 2009

Ethanol, which in the United States is generally made from corn, has been an important part of the gasoline supply for several years. In many regions of the country and in certain seasons, it accounts for as much as 10 percent of the gasoline fuel supply. 

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Did You Know U.S. Reliance on Imports is Falling?

climate bill  energy  energy iq  energy policy  imports  over regulation  waxman-markey 

Jane Van Ryan
Posted July 21, 2009

Here's an interesting factoid for you: America's reliance on imported oil has been falling. According to API's Monthly Statistical Report for June, imports fell 7.6 percent during the first half of 2009 as compared with the same period a year earlier. This drop was on top of two consecutive annual declines in crude oil and oil product imports in 2007 and 2008. 

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Snapshot from Richmond

domestic energy  energy  energy citizens  over regulation  rally  taxes  waxman-markey 

Jane Van Ryan
Posted July 20, 2009

Last Friday, the Richmond, Virginia, area was the scene of two rallies against the Waxman-Markey cap-and-trade bill and the administration's health care plan. One occurred in front of Sen. Mark Warner's office in Chesterfield County; the other was held in downtown Richmond on East Franklin Street where Sen. Jim Webb's office is located. Virginia Petroleum Council Executive Director Mike Ward shot video of the downtown demonstration and reported that approximately 200 people held signs and marched on both sides of the street between noon and 1:00 p.m. 

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Marcellus Shale: Enormous Economic Opportunity for Pennsylvania

domestic energy  energy  energy development  hydraulic fracturing  natural gas 

Jane Van Ryan
Posted July 20, 2009

In an op-ed from yesterday's Pittsburgh Post-Gazette, Robert W. Watson, emeritus associate professor at Penn State University, talks about the importance of increased energy development--specifically the shale gas that rests in the Marcellus Shale formation. 

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Your State and the Climate Bill

domestic energy  emissions  energy  energy policy  over regulation  research  waxman-markey 

Jane Van Ryan
Posted July 17, 2009

As we've noted several times on this blog, the costs and job losses that could be caused by the House-passed climate bill are quite large--almost too large to fully comprehend. Therefore, API has produced a series of brief papers that break down the bill's impact on a state-by-state basis.

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The Climate Bill: A Trucker's Warning

domestic energy  energy  over regulation  ultra-low sulfur diesel  waxman-markey 

Mark Green
Posted July 17, 2009

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Fuel Demand: An Economic Indicator

crude oil  demand  diesel  energy  energy reality  opec  supply 

Jane Van Ryan
Posted July 16, 2009

If you're looking for an indicator that describes the current economy, look no further than API's oil demand and supply statistics. API reported today that U.S. petroleum deliveries--a key measure of demand--in the first six months of 2009 fell to its lowest level for the time period in more than a decade. 

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