Energy Tomorrow Blog
Posted January 17, 2019
The natural gas and oil industry’s commitment to employee safety has paid off, reflected in API’s new, comprehensive Workplace Safety Report that shows industry’s incidences rate of occupational injuries and illnesses continues to decline and is significantly lower than the rate for the rest of the U.S. private sector.Industry’s safety initiatives – recognized by the U.S. Occupational Safety and Health Administration (OSHA), which has incorporated a number of API’s recommended practices into its own standards – have been successful. The report is full of data and graphics showing this.
Posted January 11, 2019
Before getting into a new report showing an uptick in energy-related carbon dioxide emissions last year, let’s make sure we keep an eye on the big picture as it concerns U.S. CO2. These points: U.S. CO2 emissions have fallen to their lowest level in a generation – even as global emissions have risen 50 percent since 1990. The leading reason for this favorable trendline is increased use of natural gas in power generation. Nine times this century the U.S. has reduced annual emissions more than any other nation, with clean natural gas playing a key role. As natural gas use in power generation increased, U.S. energy-related CO2 emissions decreased 8 percent between 2010 and 2017.
Now, into that context comes a preliminary estimate from the Rhodium Group that final 2018 data will show CO2 increased 3.4 percent last year. The estimate is consistent with a forecast in the U.S. Energy Information Administration’s Short-Term Energy Outlook. EIA said the emissions increase reflects 2018’s colder winter (heating) and warmer summer (electricity for cooling).
Significantly, both EIA and Rhodium expect declining CO2 emissions will resume this year.
Posted January 10, 2019
Coastal states that have hosted offshore natural gas and oil development for decades illustrate how advanced industry technologies and an emphasis on safety – protecting people and the environment – make offshore energy a great opportunity for other states.
A diverse group of business and industry leaders from Virginia – which could be included in the administration’s soon-to-be-unveiled offshore leasing program – recently visited Louisiana, which has had a long, successful experience with offshore development.
The visiting delegation wanted to see first-hand how offshore operations affect coastal areas, individual communities, the state and regional economy, other water activities and more – all feeding enthusiasm for what safe and responsible offshore energy could mean for Virginia.
Posted January 9, 2019
“Say hello to the future!” It’s one of the big takeaways from this week’s State of American Energy event, captured in the early frames of API’s new video, “America’s Generation Energy.”
The people of natural gas and oil indeed are looking ahead. As a nation, Americans can greet the future with optimism because our country has secure and abundant energy – the foundation for economic growth, an array of consumer benefits, increased security and environmental progress.These points are underscored in API’s just-released annual report. It notes that our industry has made history with record-breaking natural gas and oil production, which is making lives better and playing a big role in shaping the future.
Posted January 8, 2019
In many ways, the truest measure of U.S. energy is America itself – the country’s economic health and its security in the world, the individual prosperity of its citizens and the nation's ability to meet significant challenges. Energy, led by natural gas and oil, is driving progress in all of these areas. No less important is the role abundant, secure energy plays in expanding concepts of what's possible, what Americans can achieve.
These themes were highlighted at the State of American Energy event in Washington, D.C., where API’s annual report, “America’s Generation Energy,” was released. API President and CEO Mike Sommers said this Generation Energy – the generation of Americans with unprecedented opportunity to dream and achieve thanks to plentiful natural gas and oil – is ready to achieve big things.
Posted January 3, 2019
A new chapter in U.S. natural gas exports is unfolding before our very eyes – and with it, strengthened American energy influence abroad, increased trade and support for domestic natural gas production and jobs.The U.S. Energy Information Administration (EIA) projects that 2019 will see U.S. liquefied natural gas (LNG) export capacity will reach nearly 9 billion cubic feet per day (Bcf/d) by year’s end, up from EIA’s 2018 estimate of 4.9 Bcf/d. The U.S. would rank third in the world behind Australia and Qatar.
Posted December 28, 2018
Thinking about the year in energy in 2018, a couple of recent news items focus attention on the sea change for our country launched by the U.S. natural gas and oil revolution.
These energy riches and the technical ability to harness them mean that increasingly, the U.S. is in control of its future. Energy security means a nation that isn’t constrained by energy concerns the way it was less than two decades ago.
As Americans looking ahead to 2019, let’s pause to consider the impacts of America’s new energy reality. We should be impressed and thankful for the opportunities that go with being the globe’s leading energy producer.
Posted December 5, 2018
The recent National Climate Assessment – projecting significant impacts to the country and the economy in the absence of more measures to address climate change – has garnered a good deal of attention, as well it should. The report raises a number of important questions for the national climate conversation, leading to a consensus path forward for the United States.While we don’t know all the ways our country may address climate in the years ahead, we must define meaningful progress as taking action and producing results – both of which our industry has been doing and will continue to do.
Posted November 28, 2018
During an Explore Offshore discussion on Capitol Hill, it’s not hard to pick out the good reasons for safely and responsibly developing offshore natural gas and oil: long-term U.S. energy and national security, jobs and economic stimulus, revenues to states, global leadership and more.
There’s not a more compelling reason than the way offshore development can create hope and opportunity for people who historically have struggled to gain access to both – a point made by Stephen Gilchrist, Explore Offshore state chairman for South Carolina.
Posted November 19, 2018
EPA likely will need to take the lead in rescuing U.S. consumers from the potential negative impacts of the federal ethanol mandate, given the shrinking chance that Congress will pass significant reforms to the broken Renewal Fuel Standard (RFS) program.
That’s the view of the natural gas and oil industry, which continues to warn of the possible consumer risks posed by the RFS, which was launched before the shale energy revolution and has been largely made obsolete by surging domestic production.