Energy Tomorrow Blog
Posted May 10, 2019
A big shout-out to The Environmental Partnership, which in just over a year has more than doubled in size and whose members account for a sizeable portion of U.S. natural gas production. No less significant is what the Partnership is doing to achieve environmental and climate progress.
Indeed, a key to the progress the Partnership has made is its model of substantive, almost unprecedented information sharing and collaboration on technologies and techniques to reduce methane emissions. It’s a model that could be applied to meet other challenges in the future. …
While some opponents of natural gas and oil dismiss the idea that a voluntary, industry-led partnership can lead to important environmental results, the collaborative dynamic that was on display at a recent Partnership workshop in Oklahoma City argues otherwise.
Posted May 10, 2019
Headlines announcing big oil discoveries in the U.S. Gulf of Mexico (GOM) – such as the Blacktip deepwater find last month – are something we’ve come to expect. Gulf production long has been strategically important to the United States, accounting for 17 percent of total U.S. crude oil production, and it’s easy to take for granted that the basin will just keep producing and producing.
Yet, two recent analyses, IHS Markit’s report for the U.S. Bureau of Ocean Energy Management and a Crystol Energy report, caution that the Central and Western Gulf, currently open to oil and natural gas development, are maturing, having been developed for several decades, and production could begin to decline before long. GOM development must compete globally with other offshore and onshore prospects or face declining interest in exploration, falling investment and decommissioning of critical infrastructure.
Posted May 7, 2019
Four students from The Village School in Houston are winners of the Offshore Technology Conference’s high school competition, the OTC Energy Challenge, which focuses students on working on real-world issues.
They represent the next generation of women and men who no doubt will be at the forefront of meeting future challenges associated with the production and use of energy.
Posted May 3, 2019
Europe should be a growth market for U.S. natural gas. We share economic and security goals, and it’s important to the U.S. and European Union (EU) that Russia’s use of energy as a political weapon be neutralized.
All of these should foster significant growth in U.S.-EU liquefied natural gas (LNG) trade – much, much more than current levels, which are really just a sliver of the EU’s natural gas needs. There has been progress, but there is potential for the U.S. to supply even more natural gas to the EU.
Posted April 30, 2019
Soon the federal government is expected to release its updated offshore well control rule, one that improves on its 2016 predecessor by providing flexibility to meet specific challenges across a variety of offshore conditions while encouraging innovation and technologies that help improve safety.
We expect that opponents of natural gas and oil development anywhere to attack the updated rule when it’s released. Yet, fact and logic will weigh heavily against them.
Posted April 29, 2019
The administration is right: Robust U.S. supplies of natural gas and oil offer great economic opportunity for this nation – requiring robust infrastructure to deliver energy to Americans in all parts of the country. …
It’s very important for Americans to understand that more efficient federal and state permitting for infrastructure projects includes continued regulatory oversight and thorough environmental review by government agencies. Cutting “red tape” will help solve the problem of “energy disparity” in America by providing energy to currently under-served regions, without compromising environmental protection or public safety.
Updating the federal review and permitting process is critical for safe and responsible pipeline construction and operation.
Posted April 22, 2019
Earth Day 2019 finds the United States much better off environmentally than it was nearly 50 years ago, when the first Earth Day was marked in 1970. Much of the credit for that belongs to the nation’s energy sector where, thanks to the U.S. natural gas and oil revolution, Americans can talk about sustainable energy, economic growth and environmental/climate progress – all in the same breath of markedly cleaner air. …
Most importantly, on Earth Day 2019 we see multiple benefits of a modern energy mix, anchored by abundant natural gas and oil, which is at the heart of growth and simultaneous progress on important environmental and climate fronts. The modern U.S. natural gas and oil industry is leading in driving this progress.
Posted April 16, 2019
Patagonia’s limiting sales of its popular vests, excluding corporate clients judged not to be onboard with the outdoor clothier’s environmental and climate positions, apparently including natural gas and oil (see the last few sentences in this tweeted email from a certified Patagonia seller) – seems odd and inconsistent, given how much petroleum is used to make those products.
More on that below. First, let’s point out that, contrary to Patagonia’s impression of the natural gas and oil, our industry cares a great deal about environmental and climate progress – even as it supplies the energy that empowers modern life and growth in the United States. We need both, and they’re not mutually exclusive.
In this 21st century economy, Americans want access to affordable energy. You need energy for prosperity, mobility and good health, and Industry is committed to developing that energy safely and responsibly.
At the same time, industry is leading in important environmental and climate progress, by producing record amounts of clean natural gas – the chief reason U.S. energy-related carbon dioxide emissions have fallen to their lowest levels in a generation.
Posted April 11, 2019
Cutting bureaucratic red tape and making federal decisions on energy infrastructure more efficient and timely are important steps toward ensuring that Americans in all parts of the country may be connected to the benefits of the U.S. energy revolution.
That’s what we see in the president’s two new executive orders affecting energy infrastructure – greater efficiency and timeliness in federal reviews, without compromising thorough environmental scrutiny.
The United States leads the world in natural gas and oil production, yet not every American, not every manufacturer and not every region of the country is adequately connected to America’s energy abundance – and won’t be without new and/or expanded pipelines and other infrastructure to deliver energy to markets and consumers.
Posted April 9, 2019
America’s energy revolution is decidedly pro-consumer. Indeed, surging U.S. natural gas and oil production has significantly helped individual Americans and their families with their budgets, plan travel and more.
We’ll go mostly visual to absorb this – in a handful of charts from API’s Quarterly Industry Outlook, prepared by Chief Economist Dean Foreman. …
America’s natural gas and oil resurgence has played a major role in that when you think about the average family’s needs for driving, home heating and keeping the lights on (remembering that natural gas is the leading U.S. fuel for power generation). It follows, then, that families spending less on energy had more of their disposable income available for other needs.