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Energy Tomorrow Blog

Youth, Brainpower and Meeting Energy’s Challenges

offshore technology conference  stem  energy future  spill 

Mark Green

Mark Green
Posted May 7, 2019

Four students from The Village School in Houston are winners of the Offshore Technology Conference’s high school competition, the OTC Energy Challenge, which focuses students on working on real-world issues. 

They represent the next generation of women and men who no doubt will be at the forefront of meeting future challenges associated with the production and use of energy.


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Offshore Energy Revenues Boost State Conservation, Coastal Protection

conservation  offshore energy  revenues  spill 

Jessica  Lutz

Jessica Lutz
Posted May 2, 2019

Offshore energy development has delivered yet another economic and conservation boost to states – this time to the tune of $215 million.

The U.S. Department of the Interior disbursed the funds last week to the four Gulf natural gas and oil producing states – Alabama, Louisiana, Mississippi and Texas, and their coastal political subdivisions – for use toward coastal conservation and hurricane protection projects. And the best part? Not a single dollar came from taxpayers.


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Updated Federal Review is Critical to Robust Energy Infrastructure

pipelines  permitting  permian basin  safe operations  energy  infrastructure 

Mark Green

Mark Green
Posted April 29, 2019

The administration is right: Robust U.S. supplies of natural gas and oil offer great economic opportunity for this nation – requiring robust infrastructure to deliver energy to Americans in all parts of the country. …

It’s very important for Americans to understand that more efficient federal and state permitting for infrastructure projects includes continued regulatory oversight and thorough environmental review by government agencies. Cutting “red tape” will help solve the problem of “energy disparity” in America by providing energy to currently under-served regions, without compromising environmental protection or public safety.

Updating the federal review and permitting process is critical for safe and responsible pipeline construction and operation.


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Targeting Energy Infrastructure Red Tape

infrastructure  pipelines  oil and natural gas  consumers  us energy security 

Mark Green

Mark Green
Posted April 11, 2019

Cutting bureaucratic red tape and making federal decisions on energy infrastructure more efficient and timely are important steps toward ensuring that Americans in all parts of the country may be connected to the benefits of the U.S. energy revolution.

That’s what we see in the president’s two new executive orders affecting energy infrastructure – greater efficiency and timeliness in federal reviews, without compromising thorough environmental scrutiny.

The United States leads the world in natural gas and oil production, yet not every American, not every manufacturer and not every region of the country is adequately connected to America’s energy abundance – and won’t be without new and/or expanded pipelines and other infrastructure to deliver energy to markets and consumers. 

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The Pro-Consumer U.S. Energy Revolution

consumers  energy costs  oil and natural gas production 

Mark Green

Mark Green
Posted April 9, 2019

America’s energy revolution is decidedly pro-consumer. Indeed, surging U.S. natural gas and oil production has significantly helped individual Americans and their families with their budgets, plan travel and more.

We’ll go mostly visual to absorb this – in a handful of charts from API’s Quarterly Industry Outlook, prepared by Chief Economist Dean Foreman. …

America’s natural gas and oil resurgence has played a major role in that when you think about the average family’s needs for driving, home heating and keeping the lights on (remembering that natural gas is the leading U.S. fuel for power generation). It follows, then, that families spending less on energy had more of their disposable income available for other needs.


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The Feat That is America's Energy Revolution

energy future  oil and natural gas  us energy security  technology  innovation 

Mark Green

Mark Green
Posted March 29, 2019

The U.S. energy revolution remains a feat to behold. Benefits to the economy, consumers and manufacturing and a boost to America’s stature in the world and our national security. API President and CEO Mike Sommers touched on a number of these points during a conversation at the National Review Institute’s 2019 Ideas Summit. …

Abundant natural gas and oil reserves, technology and innovation created this revolution and, with the right policies, the U.S. can sustain and grow its energy leadership. “For our future energy needs,” Sommers said, “that’s how we’re going to supply the world.”


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Natural Gas: The Global Fuel of Choice

natural gas  eia  iea  emission reductions  global energy demand 

Jessica  Lutz

Jessica Lutz
Posted March 26, 2019

Natural gas is playing a lead role in meeting rapidly increasing global energy demand, and its growing use in electricity generation has resulted in significant savings in carbon dioxide emissions worldwide. These points were echoed by the International Energy Agency (IEA) in its Global Energy and CO2 Status Report released this week.

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Series: Plentiful LNG Enhances U.S. Global Leadership

liquefied natural gas  lng exports  trade  us energy security  prices 

Dean Foreman

Dean Foreman
Posted March 25, 2019

For U.S. natural gas, the fourth quarter of 2018 ended with consumers benefiting from the lowest prices in nearly a year – despite the weakest inventories and coldest winter since 2014.

Indeed, recently we’ve seen natural gas prices as low as $2.56 per million Btu (Feb. 5, Bloomberg) corresponding with record high demand of 96.3 billion cubic feet per day (bcf/d) of marketed production for February 2019 and low inventories – 415 billion cubic feet below the five-year average range as of Feb. 1.

It’s remarkable, because this combination of factors ordinarily would raise natural gas prices. The fact that prices fell illustrates the vigor of domestic production, which has soared during the U.S. energy revolution.

Domestic abundance and affordability have been at the heart a truly amazing U.S. natural gas story – one that has seen U.S. producers meet domestic needs and also increase liquefied natural gas (LNG) exports to friends and allies around the world.


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U.S. Energy Exports and Geopolitical Transformation

us energy security  crude oil exports  lng exports  state department 

Mark Green

Mark Green
Posted March 21, 2019

Earlier this year we noted federal projections that U.S. liquefied natural gas export capacity would reach almost 9 billion cubic feet per day (Bcf/d) in 2019, with exports averaging 5.1 Bcf/d. Add to that crude oil and other liquids, and the U.S. Energy Information Administration (EIA) projects that the U.S. will export more energy than it imports by 2020 – for the first time since the 1950s.

The numbers take on even more significance as the context for U.S. energy leadership around the world. At the CERAWeek conference earlier this month, U.S. Secretary of State Mike Pompeo talked about the unique opportunity for U.S. energy to transform geopolitical realities and in the process make Americans safer.

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Energy, Women and the Opportunity to Lead

women in energy industry  oil and natural gas jobs 

Megan Barnett Bloomgren

Megan Bloomgren
Posted March 9, 2019

To mark International Women’s Day, we have a new video featuring leading women from the natural gas and oil industry, including Susan Dio, chairman and president of BP America; Gretchen Watkins, president and U.S. country chair for Shell; and Stacey Nachbaur, Hess senior operations manager for upstream assets. Of course, the things these women say about the natural gas and oil industry are true every day of the year.

Our industry is high tech and critically important to the economy and powering modern life. Natural gas and oil are center stage in most geopolitical discussions, and natural gas is leading the way in reducing greenhouse emissions.

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