Energy Tomorrow Blog
Posted July 18, 2018
There’s talk about reducing greenhouse gas emissions – and then there’s taking steps to produce measurable results. The United States is in the second category, with the natural gas and oil industry playing the leading role.
Two charts from the American Enterprise Institute’s Mark J. Perry help illustrate: First, using data gleaned from BP’s Statistical Review of Global Energy, Perry shows that the U.S. led the world in reducing carbon dioxide emissions in 2017.
Posted July 16, 2018
The numbers are in – the natural gas and oil industry leads all other sectors in compensation for U.S. workers, according to an analysis by Bloomberg. As an industry, we take pride in providing well-paying careers and opportunities for individuals and families, offering support for communities and driving local and national economies. So we’ll gladly accept Bloomberg’s verdict: “the best bet for U.S. workers.”
Posted July 16, 2018
Tariffs and quotas on imported steel imposed by the Trump administration are self-inflicted potholes on the path to the administration’s goal of U.S. “energy dominance.”They’re bad for American energy, which uses steel throughout its operations and delivery networks. They’re bad for American manufacturing, they’re bad for American consumers, and they’re bad for America.
Posted July 12, 2018
Barely four weeks ago, we highlighted the many ways in which responsible, well-regulated natural gas and oil development is benefiting life in Colorado — protecting the environment and public health and creating jobs and opportunity while providing significant support for public services including the state’s education system. Now, an anti-development group is attempting to dismantle Colorado’s progress.
Posted July 10, 2018
Offshore energy development works for the states – all of them.
The U.S. Interior Department recently announced that $61.6 million in revenues from offshore oil and natural gas will be distributed to all 50 states, U.S. territories and the District of Columbia – via grants that support state conservation and outdoor recreation projects.Ponder that: You don’t have to be a coastal state; you don’t have to be a producing state. Under the Gulf of Mexico Energy Security Act (GOMESA), everyone benefits from offshore natural gas and oil revenues that are earmarked for Land and Water Conservation Fund (LWCF) grants.
Posted July 9, 2018
There’s good and not-so-good in a recent Washington Post editorial on natural gas and climate policy, which rightly nails the importance of natural gas to the U.S. economy and the environment, yet wrongly suggests more layers of government regulation are needed to further reduce greenhouse gas emissions.
Posted July 9, 2018
Posted July 6, 2018
Earlier this week we looked at the summer variation in gasoline prices, due mainly to increased driving as well as fuel specifications that have added to the cost of gasoline. As the 2018 summer driving season approaches its midpoint, let’s check the data on gasoline prices and, separately, take a deeper look at why prices in any one state have tended to be higher (or lower) than the national average.
According to the American Automobile Association, the nationwide average price for regular gasoline was $2.85 per gallon on June 28, a decrease of 12 cents per gallon since May 28.
Remember, gasoline and diesel fuel prices tend to track the price of crude oil, because crude oil currently makes up more than half of the cost to make the fuels. The U.S. Energy Information Administration (EIA) reported that crude oil made up 56 percent of the price of gasoline in May, the agency’s most recent analysis.
Posted July 5, 2018
Every summer Americans take to the highways. It’s a big country with lots to see, and reliable fuels are fundamental to the uniquely American freedom to range far and wide. In 2017, Americans traveled nearly 8 trillion miles from April to August. As we load our cars with sports gear, picnic baskets and beach chairs, some tips from API downstream experts to help those fuels take you as far as possible – safely, all summer long.
Posted July 3, 2018
Happy Birthday, America!
Our nation is built on values that have enabled the natural gas and oil industry to accomplish amazing things, something for which we at the Colorado Petroleum Council are incredibly grateful.