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Energy Tomorrow Blog

North Carolina’s Energy Opportunity

north carolina  oil and natural gas development  economic growth  offshore energy development  outer continental shelf  seismic survey  safe operations 

Mark Green

Mark Green
Posted October 8, 2014

Energy already is generating benefits for North Carolina and its economy, and things could get a lot better with the right oil and natural gas policies in place – an important point as North Carolinians get ready to vote in a U.S. Senate race that has national implications.

Advanced hydraulic fracturing and horizontal drilling could get under way early next year with the finalizing of state rules for safe and responsible development.  

This fits with recent polling showing that strong majorities of registered North Carolina voters support increased domestic oil and natural gas production, including 91 percent who say more production could lead to more U.S. jobs and 89 percent who say more oil and gas could help stimulate the economy.

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Offshore Energy: America Can Do Better

offshore energy  boem  oil and natural gas development  economic growth  gulf of mexico 

Mark Green

Mark Green
Posted August 21, 2014

There’s much good to report from this week’s federal offshore drilling lease auction for the western Gulf of Mexico. But we can do better.

The good: nearly $110 million in apparent high bids over 81 blocks covering more than 430,000 acres, according to the U.S. Bureau of Ocean Energy Management (BOEM). The bid total represents a moderate increase over last year’s western Gulf sale that generated slightly more than $102 million in bids. BOEM estimates the sale eventually could yield 116 million to 200 million barrels of oil and 538 billion cubic feet (bcf) to 938 bcf of natural gas.

Broadly speaking, the fact that the federal government conducted an offshore lease sale is in itself encouraging. Development of vast offshore oil and natural gas reserves starts with leasing areas for exploration. That’s where we can do better. More sales are needed to begin the process of finding and developing offshore energy on the outer continental shelf, 87 percent of which is off limits by policy.

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New Offshore Access Vital to Sustaining America’s Energy Revolution

offshore energy development  oil and natural gas  boem 

Mark Green

Mark Green
Posted August 13, 2014

America’s energy revolution is reality. Thanks to vast reserves of oil and natural gas in shale and other tight-rock formations, developed with advanced hydraulic fracturing and horizontal drilling, the United States is the world’s leading producer of natural gas and by next year could be No. 1 in oil production.

Yet, the dramatic shift in the U.S. energy picture – from one of scarcity and limits just a few years ago to abundance and opportunity – could be just a memory without policies and actions to sustain it. Key to keeping the domestic energy revolution going is offshore development. The ability to explore for and develop new offshore oil and natural gas reserves is vital to maintaining America’s status as an energy superpower  – a point grasped by a strong majority of U.S. voters in recent polling.

That’s the main thrust of official comments just submitted by API and 10 other associations to officials who are assembling the next federal five-year offshore leasing plan that will establish where the federal government plans to lease offshore blocks for exploration and development from 2017 to 2022.

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Across Party, Age and Gender – Strong Support for Offshore Drilling

offshore energy development  oil and natural gas access  atlantic ocs  outer continental shelf  drilling  economic growth 

Mark Green

Mark Green
Posted July 23, 2014

There are three connected points in a new poll of registered U.S. voters on domestic oil and natural gas development that should resonate in Washington: Strong majorities of registered voters support more domestic drilling and production, they don’t think the federal government does enough to encourage development of domestic resources and they’re inclined to vote for political candidates who support oil and natural gas development here at home.

AP Upstream Group Director Erik Milito talked about the survey of 1,012 registered voters and issues related to increasing access to domestic oil and natural gas reserves during a conference call with reporters:

“Voters from across the political spectrum want to find and tap the vast oil and natural gas resources waiting to be discovered off our shores. Our industry stands ready to do the job safely and responsibly, and the benefits to our economy and our national security are impossible to deny. All the federal government needs to do is say, ‘Yes.’”

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Virginia is For Energy Lovers

virginia  offshore energy  economic benefits  infrastructure  oil and natural gas development 

Mark Green

Mark Green
Posted April 28, 2014

Virginia is for lovers – of domestic oil and natural gas production and investments in energy infrastructure. That’s what you see in a recent Harris Poll of registered voters in the commonwealth: Strong support for developing domestic oil and natural gas, including offshore reserves, as well as increased spending on infrastructure.

Some of the numbers:

  • 80 percent support increased production of domestic oil and natural gas reserves. Just 11 percent oppose.
  • 89 percent support increased development of U.S. energy infrastructure.
  • 94 percent agree increased domestic oil and natural gas output could help strengthen America’s energy security.
  • 91 percent agree increased domestic oil and natural gas production could help stimulate the economy.

And so it goes – with similar, slam-dunk margins on other questions, from benefits to U.S. consumers to economic growth.

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Tapping America’s Offshore Energy ‘Gold Mine’

offshore access  offshore energy  offshore lease  jobs  Economy  revenue  outer continental shelf  Energy Security 

Mary Leshper

Mary Schaper
Posted December 5, 2013

America’s vast offshore energy reserves present an opportunity to improve our economy, increase our energy security and create tens of thousands of jobs. According to a new study, opening the U.S. Atlantic Outer Continental Shelf (OCS) to offshore oil and natural gas development could turn that opportunity into reality. API’s Director of Upstream Erik Milito and the National Ocean Industries Association’s Randall Luthi outlined the study for reporters today. Milito:

“Oil and natural gas production off our Atlantic coast is a potential gold mine. Developing oil and natural gas in the Atlantic could put hundreds of thousands of Americans to work, make us more energy secure, and bring in needed revenue for the government. But none of these benefits will appear unless the federal government follows pro-development energy policies.”

According to the study, oil and natural gas development in the Atlantic OCS between 2017 and 2035 could:

  • Create nearly 280,000 new jobs along the East Coast and across the country.
  • Result in an additional $195 billion in new private investment.
  • Contribute up to $23.5 billion per year to the U.S. economy.
  • Add 1.3 million barrels of oil equivalent per day to domestic energy production, which is about 70 percent of current output from the Gulf of Mexico.
  • Generate $51 billion in new revenue for the government.

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U.S. Needs Responsible Offshore Development, Not Duplicative Regulation

offshore access  offshore energy development  regulatory system  outer continental shelf 

Mark Green

Mark Green
Posted November 26, 2013

API is partnering with the National Ocean Industries Association and the Independent Petroleum Association of America in an effort to warn of a provision in a water development bill (S.601) that could limit future offshore oil and natural gas activity.

In a letter to members of a House-Senate conference committee considering the legislation, the three groups cite a portion of the bill that would create a National Endowment for the Oceans – which the groups argue could result in “additional and unnecessary authority over ocean resources.” The groups write that regulations already exist to manage those resources.

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The President’s Next Move

offshore energy  keystone xl pipeline  energy policy  energy  election  domestic energy  access 

Mark Green

Mark Green
Posted November 8, 2012

A big winner in the recent election: Energy. Both presidential candidates voiced supported for domestic oil and natural gas development, and President Obama’s re-election was based, in part, on his commitment to American oil and gas.

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Energy Policy's Impact on U.S. Consumers

alternative energy  congress  deepwater horizon  department of the interior  domestic energy  energy  energy policy  energy taxes  gas prices  gasoline  gulf of mexico  gulf oil spill  offshore energy  oil leak  oil spill  shallow water drilling 

Jane Van Ryan

Jane Van Ryan
Posted December 30, 2010

As the nation approaches the New Year, reporters around the country are writing about the energy outlook for 2011. There are quotes from analysts predicting oil and gasoline prices; opinion leaders discussing energy policies likely to be considered by the 112th Congress; and professors explaining the relative merits of fossil fuels and alternatives. 

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Fossil Fuels or Alternatives?

alternative energy  biofuels  coal  domestic energy  fossil fuels  fossil fuels  offshore energy  oil prices  solar  wind 

Jane Van Ryan

Jane Van Ryan
Posted December 20, 2010

For the past couple of years, U.S. policymakers have been debating two different ways of addressing this country's energy needs. Some politicians believe the United States should embrace the development of alternative energy resources, including wind, solar and biofuels. Others say America should focus on domestic fossil fuels because alternative energy sources are not as affordable or efficient as coal, oil and natural gas. 

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