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Energy Tomorrow Blog

'Explore Offshore' Coalition Backs More Access to Offshore Energy

offshore energy  oil and natural gas  safe operations  economic benefits 

Mark Green

Mark Green
Posted June 8, 2018

Our industry supports increased access to America’s offshore natural gas and oil. The benefits promise to be broad for coastal states and the entire country. Responsible development is safe, well-regulated and compatible with other uses, including those of our military.

To advance the nation’s strategic interests that are tied to careful offshore natural gas and oil, API this week announced the launch of “Explore Offshore,” a diverse coalition of more than 100 local leaders, community organizations, businesses and associations from five Atlantic and Gulf Coast states that supports increased offshore access. 

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The unneighborly policies keeping consumers in the dark (and cold)

trade  regulation  pipeline construction  oil and natural gas 

Jessica  Lutz

Jessica Lutz
Posted June 6, 2018

For months, ISO New England CEO Gordon van Welie has had a consistent message: insufficient natural gas infrastructure continues to put the region’s customers at risk of service interruptions during periods of peak demand that often coincide with extreme weather conditions.

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Here’s Why U.S. Energy Sector Opposes Tariffs on Steel

trade  regulation  pipeline construction  oil and natural gas 

Mark Green

Mark Green
Posted June 1, 2018

The decision by the Trump administration to impose tariffs on imported steel, including key allies Canada, Mexico and the European Union, is the wrong direction for U.S. energy policy. While the full effect of these tariffs on steel-intensive business—and the U.S. economy—remains to be seen, the impacts will ripple through the natural gas and oil industry, compromising energy production and posing a threat to America’s national security.

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The Facts on Gasoline Prices

gasoline prices  crude oil prices  taxes  oil and natural gas production 

Dean Foreman

Dean Foreman
Posted May 22, 2018

Washington is known for partisan political skirmishing, so it’s not surprising that a group of Senate Democrats is trying to score political points against this year’s tax reform legislation by suggesting that lowering the corporate income tax rate has been linked to the recent rise in gasoline prices.

Let’s straighten them out on a couple of important things about gasoline prices, which have nothing to do with tax reform.

First, per-barrel costs for crude oil – the No. 1 factor in the cost of producing gasoline and diesel – have risen due to a tighter global oil supply/demand balance and lower inventories compared to last year. Second, with a strong economy, U.S. petroleum demand has run at its highest levels since 2007 and was up by more than 750,000 barrels per day in April, compared with one year ago. Next, as they do every year around Memorial Day, the start of the summer driving season, Americans are traveling more, which could raise demand further. Finally, although gasoline prices have increased recently, they’re still lower than where they were four years ago, largely because of increased domestic oil production.


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Hurricane Season is Preparation Season

hurricane preparedness  safe operations  oil and natural gas  offshore operations 

Mark Green

Mark Green
Posted May 22, 2018

Hurricane Season 2018 finds our industry, the refinery and pipeline sectors and associated industries prepared to protect energy production facilities and infrastructure that are vital to keeping Americans well supplied, even during severe weather conditions.

That was the message from natural gas and oil and other energy-related sectors during a conference call with reporters. The 2017 hurricanes, Harvey and Irma, confirmed the importance of pre-event training, established emergency protocols, coordinated communications and overall preparation – which our industry and others already are undertaking as June 1, the official start of hurricane season, approaches. API was joined on the call by the Petroleum Marketers Association of America (PMAA), American Fuel and Petrochemical Manufacturers (AFPM), American Gas Association (AGA), Interstate Natural Gas Association of America (INGAA) and the National Ocean Industries Association (NOIA).  

Major weather events test preparations; we and our energy partners are focused on being as prepared as possible for this season. 

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Video: Cleaner, Smarter is Top of Mind for Natural Gas & Oil

power-past-impossible  technology  oil and natural gas  renewable energy 

Mark Green

Mark Green
Posted May 17, 2018

We hope you’ve seen “Brainpower,” API’s new ad highlighting the smart technologies and data analysis that natural gas and oil use to safely and efficiently bring Americans the energy that empowers their modern lives while also meeting seemingly impossible challenges.

“Brainpower” also is about natural gas and oil deploying technologies and innovating to get cleaner and help the United States reduce its emissions, leading to cleaner air. The women and men of natural gas and oil are focused on this. They want other Americans to know that they care – about lowering emissions and the environment – because they’re members of the community, too. You’ll see it in behind-the-scenes interviews conducted during the “Brainpower” ad shoot.


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Lizards, Energy and Effective Habitat Protection

endangered species act  conservation  texas  new mexico  oil and natural gas 

Mark Green

Mark Green
Posted May 11, 2018

Protecting the environment is a core industry value. The environment belongs to everyone, and our companies and their employees are committed to producing natural gas and oil as safely as possible. This commitment includes preserving habitat and looking out for wildlife.

In this 2016 post and this post earlier this year, API colleague Kate Wallace detailed how companies have monitored elk populations in Wyoming and polar bears in Alaska, created artificial reefs off the Gulf Coast, developed pollinator gardens and bee sanctuaries and more. Companies also worked across five western states to create conservation areas for the lesser prairie chicken and preserve habitat for the sage-grouse. Our commitment is backed up by action.

That’s why we’re optimistic a constructive and comprehensive plan can be crafted to take care of the dunes sagebrush lizard in West Texas and southeastern New Mexico while also maintaining critically important natural gas and oil production in the region – which would be unlikely if a new effort to list the lizard as endangered under federal law succeeds.

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Colorado and Smarter, More Effective Energy Regulation

colorado  oil and natural gas  regulation  safe operations 

Tracee Bentley

Tracee Bentley
Posted May 11, 2018

Working together works. Colorado’s just-completed legislative session proved that the natural gas and oil industry, state regulators and other stakeholders could collaborate on effective energy regulation that strengthens safe and responsible natural gas and oil production – benefiting the state economy and individual Coloradoans.

This session we saw legislation passed to bolster protections for mineral and royalty owners, increase fees for stationary sources of air pollution, enforce the state’s call-before-you-dig program and ensure safe and orderly processing of certain kinds of naturally occurring radioactive waste – all supported by our industry.


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New Ad: 'Brainpower,' Energy and a Better Future

oil and natural gas  technology  innovation  power-past-impossible 

Mark Green

Mark Green
Posted May 4, 2018

The message in “Brainpower,” API’s newest ad, is straightforward: The natural gas and oil industry leverages smart technologies, data analysis and more to safely and efficiently develop the energy Americans use to meet the challenges of today and tomorrow.

An industry that already was pretty brainy has upped its IQ.


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So You Want a Steel Tariff Exclusion ...

trade  regulation  pipeline construction  oil and natural gas 

Mark Green

Mark Green
Posted May 1, 2018

While the Trump administration continues to sort out who will or won’t be subject to steel and aluminum tariffs, the under-reported aspect of the larger tariff-trade story is the potential impact of the tariff exemption process on U.S. industries that use lots of steel – including ours.

The reality is that businesses and industries that rely on imported steel to complete important projects efficiently and economically are in the middle of a nightmarish, bureaucratic mishmash only Washington could foist on private enterprise. That is, the laborious application for an exemption from the steel tariff – an import duty that could end up impacting consumers and our nation’s energy security.

To understand what’s going on, start by imagining the world’s largest snarl of red tape. It might look something like the world’s largest ball of twine, only red.


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