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Energy Tomorrow Blog

But What About New Mexico’s Students?

new mexico  education  oil and natural gas taxes  revenues 

Mark Green

Mark Green
Posted October 16, 2019

Hydraulic fracturing – the technological breakthrough that launched the U.S. energy revolution – has taken a beating during the Democratic presidential derby.

The Washington Post ran a graphic recently, showing that the entire field would ban fracking altogether or restrict it in some capacity. Here’s the portion of the graphic showing the candidates who would ban fracking completely. The group includes some top-tier candidates, U.S. Sens. Elizabeth Warren, Bernie Sanders and Kamala Harris. Sen. Warren tweeted last month that she would ban fracking everywhere, while Sen. Sanders told the Post that safe fracking is a “pure fiction.”

Not fiction are the negative impacts throughout our society that could result from banning hydraulic fracturing: millions of job losses, trillions lost to the economy, significant increases in household spending on energy.

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Recognizing the Workforce this National Energy Awareness Month

workforce  diversity  stem  energy industry 

Sam Winstel

Sam Winstel
Posted October 15, 2019

Since 1991, October has served as National Energy Awareness Month, recognizing the importance of sustainable resource management and the dedication of the people who enable our energy economy. More recently, this also has highlighted the remarkable role of American resource abundance in strengthening the domestic economy and reducing our dependence on imported energy.

Given that the U.S. is the world’s leading natural gas and oil producer, and is expected to become a net exporter of total energy this year, the story of National Energy Awareness Month is now one of energy security and economic progress – powered, in large part, by innovation and an industrious and tech-savvy workforce.

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The Continuing Quest for Energy – and Lower Emissions

natural gas  emission reductions  climate  the-environmental-partnership 

Mark Green

Mark Green
Posted October 14, 2019

Looking over EPA’s new Greenhouse Gas Reporting Program (GHGRP) data on methane emissions, let’s consider two overarching points:

First, energy from natural gas and oil power and empower America’s modern way of life – better health, greater comforts and conveniences and opportunities for Americans and their families to prosper. No other energy comes close in terms of accessibility, reliability, affordability and useful adaptability across an economy and nation as large and diverse as ours.

Second, as America’s natural gas and oil industry produces the energy we count on every day, it also must continue to capture as much methane as possible from that production, to help the U.S. meet its climate objectives. On both of those leading priorities, our industry is on it.

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Producing Energy, Reducing Emissions in New Mexico

new mexico  emission reductions  production  methane 

Mark Green

Mark Green
Posted October 8, 2019

Take a look at a recent interview with API President and CEO Mike Sommers conducted by Albuquerque TV station KOB-4 – a conversation about the dual challenge of providing the energy Americans need every day to work, grow and prosper, while protecting the environment and lowering emissions. There’s no better setting for this discussion than in energy-rich New Mexico.

Indeed, the prolific Permian Basin that covers New Mexico’s southeastern corner before spreading into neighboring Texas is a big reason why the United States continues to lead the world in natural gas and oil production.


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Using Energy Revenues, New Mexico Offers Free In-State College

new mexico  permian basin  government revenue  energy production 

Sam Winstel

Sam Winstel
Posted October 7, 2019

The U.S. energy revolution is at work for New Mexico and the state’s higher education system.

Gov. Michelle Lujan Grisham made national headlines last month by announcing free tuition at public universities for all residents, regardless of family income. That’s all 29 of the state’s two- and four-year institutions beginning next fall, benefiting an estimated 55,000 New Mexico students.

Thanks to the state’s natural gas and oil development.

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Oil Exports, Lower Net Imports, Greater Energy Security

crude oil exports  oil imports  us energy security 

Mark Green

Mark Green
Posted October 4, 2019

The latest figures on U.S. crude oil exports show growing U.S. energy leadership, while the continued decline in net oil imports signals strengthened American energy security – with both stemming from the revolution in U.S. production. Charts from the U.S. Energy Information Administration (EIA) help illustrate.

First, EIA reports that U.S. crude oil exports rose to average 2.9 million barrels per day (b/d) in the first half of this year – an increase of 966,000 b/d over the same period in 2018. U.S. crude oil exports set a record in June of 3.2 million b/d, and EIA's graph vividly reflects the sea change in the United States’ oil exporting posture.


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The U.S. Refining Industry – Striving to Maintain Global Leadership

refining capacity  refineries  fuels 

Dean Foreman

Dean Foreman
Posted October 2, 2019

When it comes to motor fuels, the prices we pay at the pump historically reflect crude oil prices – the No. 1 input cost according to the U.S. Energy Information Administration (EIA) – as well as the relative prices of other products, which collectively motivate refiners to manufacture different fuels. 

We’ve seen through the energy revolution – and especially since 2015 – how lower prices for crude oil and natural gas (a key processing fuel and operating expense for refiners) have advantaged the U.S. petroleum refining industry – and ultimately led to lower fuel prices for consumers at home and abroad.   

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Natural Gas, LNG Exports and Emissions Progress

natural gas  lng exports  climate  co2 emissions 

Mark Green

Mark Green
Posted September 27, 2019

A pair of new, positive developments on the emissions/climate front. First, the U.S. Energy Information Administration (EIA) projects that energy-related carbon dioxide emissions will decline 2.5% this year. Second, a new Energy Department report on the life cycle greenhouse gas emissions associated with U.S. liquefied natural gas (LNG) exports confirms the environmental benefits of natural gas vs. coal – significant given expanding markets in Asia and Europe for U.S. LNG.

Both are very important. EIA’s CO2 projection, along with the projected 4.9% increase in natural gas consumed for power generation relative to 2018, underscores the point that increased use of natural gas in fueling power generation lowers CO2 emissions, and that the recent trend of the U.S. recording the lowest CO2 levels in a generation will continue.


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U.S. Natural Gas – Meeting the Energy Poverty Challenge

natural gas  liquefied natural gas  energy exports  global energy demand  electricity 

Sam Winstel

Sam Winstel
Posted September 25, 2019

Energy is essential to a modern standard of living, and as the leading energy sources, natural gas and oil are foundational to almost everything we do – lighting our homes, heating our hospitals and powering our workplaces.

The U.S. is the world’s leading natural gas and oil producer, which is critically important given new projections that global energy consumption will increase nearly 50% by 2050. Though reliable access to energy often is taken for granted in this country, people in other parts of the world struggle to obtain the energy needed for sustainable development and to empower basic human progress.

According to the International Energy Agency (IEA), nearly one in eight people around the world lives without electricity, and 2.7 billion people currently are without access to clean cooking facilities. Without power for heating, lighting and advanced technologies, human potential is severely limited. And in the absence of cleaner fuels, people must use coal, kerosene, biomass and other energy sources to prepare food, which contributes to harmful and unnecessary indoor air pollution.

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Capturing VOCs Emissions – and Methane

emission reductions  methane  epa  regulation 

Mark Green

Mark Green
Posted September 24, 2019

A key factor in EPA’s recent decision not to directly regulate methane is the simple fact that existing regulation of emissions of volatile organic compounds (VOCs) associated with natural gas and oil production also reduces methane as a co-benefit.

It might surprise some, but on this point current EPA officials are aligned with their agency predecessors under President Obama.


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