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Energy Tomorrow Blog

‘Women in Power’ Highlights Industry Career Opportunities

analysis  women in energy industry  workforce  colorado  american petroleum institute  oil and natural gas development 

Mark Green

Mark Green
Posted June 4, 2015

A big event in Denver this week, highlighting the career opportunities for women in the oil and natural gas industry. “Women in Power” was attended by about 150 of Denver’s most influential female leaders and launched a larger Colorado initiative designed to help attract women to the industry and to retain them for life-long careers.

The Denver event was keynoted by Democratic strategist Celinda Lake and Republican strategist Linda DiVall, co-authors of a study released earlier this year  that found the chief factor in increasing female representation in the oil and natural gas industry workforce is making them aware of the benefits of industry employment – including pay and security benefits and the chance for career advancement.

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Consumer Interests Ahead of Ethanol Interests

analysis  renewable fuel standard  rfs34  ethanol blends  epa  consumers  american petroleum institute  Jack Gerard  e85  e15  e10 blend wall 

Mark Green

Mark Green
Posted May 29, 2015

With EPA already embarrassingly late in setting requirements for ethanol in the fuel supply for 2014 (due 18 months ago) and 2015 (due six months ago), the agency finally has proposals for those years and 2016 that would continue to drive ethanol use – though not at levels dictated by the Renewable Fuel Standard (RFS).

Top EPA official Janet McCabe called the proposals “ambitious, but responsible.” We’ll agree on the ambitious part – in that it takes a whole lot of something to thread the needle between marketplace realities and the flawed RFS – difficult for the nimblest of bureaucracies, much less a regulatory colossus like EPA.

Unfortunately, EPA comes up short, particularly for 2016. An RFS program that long ago went awry remains lost in the tall weeds of process over substance.

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Briefing: The Potential Downsides of EPA’s Ozone Proposal

analysis  ozone standards  epa  economic impacts  air quality  american petroleum institute 

Mark Green

Mark Green
Posted May 28, 2015

We’ve written quite a bit recently about EPA’s proposal to impose stricter ozone standards on the U.S. (see here, here and here) – and the reason is there’s so much at stake.

If implemented, the stricter ozone standards could be the costliest regulation ever, potentially reducing U.S. GDP by $270 billion per year and $3.4 trillion from 2017 to 2040, according to a study by NERA Economic Consulting for the National Association of Manufacturers. The U.S. could see 2.9 million fewer jobs or job equivalents per year on average through 2040.

Yeah, that’s big.

Certainly, for those kinds of impacts Americans would expect them to be justified. But EPA’s proposal is starkly lacking in terms of the science and public health.

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The States as Energy Powerhouses

analysis  oil and natural gas development  production  hydraulic fracturing  horizontal drilling  access  texas  american petroleum institute 

Mark Green

Mark Green
Posted May 28, 2015

We often call the United States a global energy superpower, and it is – No. 1 in the world in the production of petroleum and natural gas hydrocarbons in 2014, according to the U.S. Energy Information Administration.

This is the result of an ongoing energy revolution, harnessing vast oil and natural gas reserves found in shale and other tight-rock formations, thanks to advanced hydraulic fracturing and horizontal drilling. America has the energy and the technologies, but also the robust industrial sector necessary to completely rewrite our country’s energy story.

Here’s another way to look at it: A number of individual U.S. states now rival the world’s major energy-producing countries. In other words, as separate countries those states would be world leaders in energy output.

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On Ozone, the Science and Impacts of Regulation Speak Loudly

analysis  ozone standards  epa  regulation  air quality  science  economic impacts  american petroleum institute 

Mark Green

Mark Green
Posted May 27, 2015

With national ozone levels falling, some activists argue for stricter federal standards the best way they can – by pointing to the relatively few areas in the United States where ozone levels remain above the current standard of 75 parts per billion (ppb).

Yet, think about that. If an urban area like Los Angeles or Houston currently is out of attainment with the standard set at 75 ppb, how will lowering the national standard to 65 or 60 ppb – which EPA is considering – make a difference in those and other non-compliant areas? Good question.

The fact remains that the current standards are working. EPA data shows ozone levels declined 18 percent between 2008 and 2013.

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U.S. Energy – It’s All About Supply

analysis  access  energy exports  energy supply  oil and natural gas development  senate  american petroleum institute  economic growth 

Mark Green

Mark Green
Posted May 19, 2015

Solid bipartisan support for important energy legislation is on display in the U.S. Senate, with members of a key committee considering a number of ways to increase access to domestic supplies of oil and natural gas – as well as bills ending 1970s-era restrictions on U.S. crude oil exports.

Energy security is about having secure, reliable energy supplies to fuel broad economic expansion and create opportunity for individual Americans. When we remove outdated export restrictions, allowing U.S. energy to reach global markets, studies have detailed how domestic production will be stimulated – again, creating jobs and economic growth here at home. API Executive Vice President Louis Finkel talks about new legislation offered by Democrat Heidi Heitkamp, similar to legislation offered last week by Republican Lisa Murkowski, that would lift the crude export ban and boost U.S. energy:

“Bipartisan leadership on this issue keeps the focus on the consumers and workers that will benefit from free trade in crude oil. … Study after study shows that lifting outdated limits on crude exports will allow America to create more jobs, cut the trade deficit, grow the economy, and put downward pressure on fuel costs. Exports will help keep U.S. production strong in a tough market, and they will provide our allies with an important alternative to energy from less friendly regimes.”

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With Ozone Levels Falling, Why Mess with Success?

analysis  ozone standards  economic impacts  american petroleum institute 

Mark Green

Mark Green
Posted May 14, 2015

Our new ad lays out key facts about EPA’s move to tighten U.S. ozone standards. Howard Feldman, API’s senior director of regulatory and scientific affairs, talked about the messages in a new multimedia advertising campaign – that stricter ozone standards aren’t necessary because existing standards are making the air cleaner and effectively protecting public health – during a conference call with reporters. Chief points:

Ozone levels are down – Our air is cleaner and continues to get cleaner under 2008 ozone standards – and those aren’t even fully implemented yet. EPA data shows ground-level ozone in the U.S. dropped 18 percent between 2000 and 2013.

“Air quality will continue to improve as we implement the existing standards. Further tightening of the standards wouldn’t necessarily improve air quality any faster, but it could significantly impact U.S. jobs and the economy. … A lower standard could, for little or no health benefit, significantly constrain our nation’s economy and eliminate thousands of jobs.”

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Talk Infrastructure – Build Keystone XL Pipeline

analysis  infrastructure  keystone xl pipeline  energy investment  economic benefits  american petroleum institute  Jack Gerard  canadian oil sands 

Mark Green

Mark Green
Posted May 11, 2015

Vice President Joe Biden underscored the administration’s call for infrastructure spending during a Bloomberg Government event that focused on the country’s deteriorating delivery and transportation systems.

Highlights include: The Washington politics of infrastructure spending is challenging. “The idea that there is a debate on the Hill on the need to invest in infrastructure is mind blowing,” Biden said. The world’s energy epicenter is North America, and the U.S. needs major investments in energy infrastructure. “We will face a national security dilemma” if we don’t enhance our energy infrastructure, he said. Companies need to have certainty that they can get their products to market efficiently.

Let’s pause a moment and consider these valid points on infrastructure from the vantage point of this administration’s crowning infrastructure decision (or non-decision): the Keystone XL pipeline.

In the Keystone XL, the administration has had the opportunity – for more than six years – to green light $5.4 billion in private infrastructure spending that would create jobs, boost the economy and transport oil from Canada and the U.S. Bakken region – reliably and safely – to our Gulf Coast refineries, enhancing America’s energy security. All with the simple stroke of the president’s pen.

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America’s Economic Opportunity

analysis  crude oil  crude markets  energy exports  economic benefits  oil and natural gas production  encana  american petroleum institute 

Mark Green

Mark Green
Posted May 6, 2015

The opportunity to stimulate increased domestic production of oil and natural gas, create jobs, spur the economy and enhance America’s ability to positively shape world events is at hand – waiting only on the stroke of a pen. Lifting the United States’ four-decades-old ban on crude oil exports could help advance all of the above, and it all could be launched with the stroke of a pen.

Encana President and CEO Doug Suttles and API President and CEO Jack Gerard emphasized the relative ease with which the 1970s-era export ban could be ended, as well as the building political momentum for action, during a conference call with reporters.

Gerard said the ban could be lifted through the exercise of presidential authority or by the president signing legislation from Congress. Gerard:

“There is a consensus building in the country. We see strong bipartisan support in the House and now rolling in the Senate. So overall, we think the momentum continues to build as people better understand all of the issues. … Job creation, benefit to our trade imbalance, revenues to government, lowering the price at the pump. … It’s just a matter of time now before that pen is deployed to allow this to happen.”

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New Rail Rules Do Little to Prevent Accidents

analysis  transportation  crude oil  federal government  regulations  american petroleum institute  Jack Gerard 

Mark Green

Mark Green
Posted May 5, 2015

During months of public discussion of improving the safety of transporting crude oil by rail, we’ve stressed the need to let science and fact-based analysis guide development of a holistic strategy that would have the best chance of producing tangible safety benefits.

Unfortunately, new rules published last week by the Transportation Department – featuring requirements for sturdier tank cars and electronically controlled pneumatic (ECP) brakes – are a mixed bag that will do little to prevent derailments in the first place.

Instead of working to ensure the integrity of the tracks and to eliminate human error as much as possible, both of which would help prevent accidents from occurring, it seems federal officials at times opted for the optics of appearing to make progress. In the case of the ECP brakes, it’s a technology that experts say doesn’t significantly improve safety – which is the goal. To add to the 99.99 percent safety record in the transport of hazardous materials by rail, a more comprehensive approach that focuses more attention on prevention is needed.

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