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Energy Tomorrow Blog

Energy Today – June 6, 2013

ethanol  exports  fracking  imports  renewable fuel standard  trade  regulations  blm  deficit  oil 

Mary Leshper

Mary Schaper
Posted June 6, 2013

Bloomberg Crude Output Exceeds Imports for First Time in 16 Years

The surge in U.S. shale development through hydraulic fracturing and horizontal drilling in North Dakota, Oklahoma and Texas has boosted domestic oil production – 7.3 million barrels a day  last week alone – to the highest level since 1986, according to the U.S. Energy Information Administration.

Fuel Fix BlogFeds Give More Time To Study Proposed Drilling Rule

Last month API asked for an additional 90 days to study  BLM’s proposed rule governing hydraulic fracturing. Today, Interior Secretary Sally Jewell said that she would allow an additional 60 days for stakeholders to review the proposed regulations.

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Energy Today – June 4, 2013

alaska  exports  hurricane preparedness  imports  keystone xl pipeline  natural gas  oil pipeline  taxes 

Mary Leshper

Mary Schaper
Posted June 4, 2013

Fox Business Oil and Natural Gas Industry Readies for Hurricane Season

API’s Rayola Dougher stopped by Fox Business and outlined measures the industry takes to prepare its employees and facilities for the threats posed by hurricanes. “Worker safety is the industry’s top priority,” Dougher said.

CNN MoneyU.S. Steps Up Natural Gas Exports

With the Energy Department granting a second liquefied natural gas export license last month, the U.S. might soon see the approval pace quicken on the remaining export applications, CNN reports.

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Domestic Oil Production Growth and Lower Net Imports

ethanol  imports  oil  renewables  rfs34 

Bob Greco

Bob Greco
Posted April 30, 2013

Imports of crude oil have decreased significantly over the past four years as the U.S. has become more self-reliant in meeting its energy needs domestically. In fact, as the graph below shows, from the beginning of 2008 through the end of 2012 net U.S. oil imports have declined by more than 1.3 million barrels per day (bpd) while domestic production has increased by almost 1.5 million bpd. In short, the increase in domestic production accounts for all of the reduction in imports and then some.

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Let's Have A Parade

energy information administration  crude oil  crude oil production  oil imports  energy access  domestic energy reserves 

Mark Green

Mark Green
Posted March 21, 2013

New from the U.S. Energy Information Administration:

Monthly crude oil production in the United States is expected to exceed the amount of U.S. crude oil imports later this year for the first time since February 1995. The gap between monthly U.S. crude oil production and imports is projected to be almost 2 million barrels per day (bbl/d) by the end of next year—according to EIA's March 2013 Short-Term Energy Outlook.

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Domestic Oil Production and the ‘Teachable Moment’

regulations  natural gas  liquid fuels  imports  domestic oil production  access 

Mark Green

Mark Green
Posted January 9, 2013

The U.S. Energy Information Administration’s Short-Term Energy Outlook released this week contains two important crude oil stats:

  • U.S. domestic production is expected to continue growing rapidly over the next two years, from an average of 6.4 million barrels per day (bbl/d) last year to 7.3 million bbl/d in 2013 and 7.9 million bbl/d in 2014. Much of the production growth will come from drilling in tight plays in the Williston (North Dakota and Montana), Western Gulf and Permian basins (Texas).
  • U.S. liquid fuel imports, including crude oil, are expected to decline to an average of 6 million bbl/d by 2014. EIA says the net import share will average 32 percent in 2014 “because of continued substantial increases in domestic crude oil production.”

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Domestic Oil and Natural Gas Development, Security and Freedom

consumption  crude oil  domestic energy  natural gas  oil imports 

Mark Green

Mark Green
Posted January 2, 2013

Oil and natural gas, which has played a major role in the United States’ emergence as a modern super power, is ours in abundance – as noted in recent reports by the International Energy Agency, the U.S. Energy Administration and IHS Global Insight. With pro-development policies, American-made energy can help lead a new period of U.S. growth and advancement.

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Domestic Energy, Manufacturing Competitiveness and Trade

manufacturing  imports  domestic energy  oil production  trade 

Mark Green

Mark Green
Posted December 26, 2012

The Washington Times has an article that focuses on the connection between increased domestic energy production, a U.S. manufacturing resurgence and an improved trade balance

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China Invests in U.S. Oil and Gas

chesapeake energy corporation  china  de facto moratorium  domestic energy  drilling permits  energy  gulf of mexico  horizontal drilling  oil imports  texas 

Jane Van Ryan

Jane Van Ryan
Posted October 18, 2010

China has overtaken the United States as the world's largest energy consumer, according to the International Energy Agency (IEA). The executive director of the IEA Nobuo Tanaka said last week, "Probably half of the oil demand increase comes from China." (Reuters) 

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