Skip to main content

Energy Tomorrow Blog

Seismic Needed for Informed Atlantic Offshore Discussion

offshore energy  offshore access  department of defense  atlantic ocs  leasing plan 

Mark Green

Mark Green
Posted November 1, 2017

A sensible, safe and forward-looking offshore energy strategy – one that acknowledges that keeping 94 percent of federal offshore acreage off limits to responsible development risks U.S. energy security – underscores the need for reliable scientific data to establish the size and location of offshore oil and natural gas reserves, through safe seismic testing. Every other discussion about where offshore development may occur in the years ahead is premature until the resource base is known. In this context, a recent claim that U.S. military priorities and offshore energy development in the Atlantic Ocean are mostly incompatible is just plain silly.

More »

Let Markets Work for Electricity Grid, Consumers

electric-grid  natural gas  consumers  energy department  ferc 

Mark Green

Mark Green
Posted October 31, 2017

Sizing up points made on both sides of Energy Secretary Rick Perry’s proposal that the Federal Energy Regulatory Commission change the electricity marketplace: government intervention vs. market competition; propping up certain generation facilities vs. protecting consumers; diversity in power generation for diversity’s sake vs. what’s best for grid health. We’ll go with markets, consumers and grid health – all of which point toward electricity generation fueled by abundant, affordable, reliable natural gas.

More »

Connect Offshore Policy With America's Energy Reality

offshore energy development  offshore leasing plan  safe operations  us energy security  economic growth 

Mark Green

Mark Green
Posted October 12, 2017

What we see here are the outlines of a serious disconnect between current U.S. offshore policy and reality – that with the U.S. and the world projected to see significant growth in energy demand, the United States has more than 90 percent of its offshore reserves locked away, unavailable even for the studies and tests needed to determine the potential size and location of those reserves.

Given the long lead times needed to develop the offshore, the United States’ current policy posture needs a course correction. 

More »

Keep NAFTA’s ISDS Protections for U.S. Investors

trade  canada  mexico  us energy  consumers  jobs  investments 

Mark Green

Mark Green
Posted October 10, 2017

With talks between the U.S., Canada and Mexico on modernizing NAFTA heading for a fourth round this week, our negotiators can help ensure the global competitiveness of U.S. energy companies by working to retain strong protections for U.S. investments abroad through the agreement’s investment protections and investor-state dispute settlement (ISDS) provision.

ISDS sounds a little wonky, but its basic mission is pretty straightforward: It helps protect U.S. investors from being treated unfairly by host nation governments. Conversely, there’s potential jeopardy if the U.S. allows ISDS to be weakened or removed in the current talks. It could undermine ISDS provisions globally in other treaties and agreements.

More »

Let's Talk Clean Energy

clean energy  climate  american petroleum institute  oil and natural gas  emission reductions 

Mark Green

Mark Green
Posted September 27, 2017

API and a number of other groups are pleased to be participating in National Clean Energy Week, which is highlighting readily abundant energy needed to power homes and businesses that’s also helping the U.S. reduce greenhouse gas emissions. We realize not everyone thinks API and some others fit in the clean energy conversation. But the fact is our industry is a clean energy leader, and we lay out the proofs below. Looking at the bigger picture, our industry must be in this conversation because natural gas and oil are the United States’ and the world’s leading energy sources now and will be well into the future.

More »

Oil, Natural Gas as Energies Today and Tomorrow

oil and natural gas  energy outlook  eia  us energy security  air quality 

Mark Green

Mark Green
Posted September 15, 2017

Putting together three big takeaways from EIA's report, the ongoing U.S. renaissance in natural gas and oil production puts America in a strong position for the future, especially in the context of rising world energy demand. Continued growth in domestic natural gas and oil production offers the U.S. a chance to grow in its energy self-sufficiency. 

More »

Harvey Update: Starting the Refinery Restart Process

hurricane response  hurricane-harvey  electricity  energy  Jack Gerard  refineries  Safety 

Mark Green

Mark Green
Posted August 31, 2017

The Gulf Coast area impacted by Hurricane-Tropical Storm Harvey faces a long recovery road, with thousands displaced and so many neighborhoods and workplaces inaccessible due to floodwaters. Humanitarian relief efforts are under way, but there’s much work to be done. While Americans across the country are concerned about the human toll left by Harvey, we’re particularly mindful of thousands of colleagues in the natural gas and oil industry who work and live in affected areas.  In that light, it’s a glimmer of good news that a few of the refineries forced to shut down because of the storm are starting the complex process of restarting – six as of Thursday morning, according to the U.S. Energy Department, with a combined capacity of more than 1.2 million barrels per day or about 4.2 percent of total U.S. refining capacity.

More »

Ensure Tax Reform is Pro-Growth

economic growth  earnings  energy development  investment  jobs  royalties  taxes  trump 

Mark Green

Mark Green
Posted August 31, 2017

President Trump’s call for tax reform this week, kicking off the administration’s push for pro-growth measures to spur investment, create jobs and raise earnings is one we can certainly understand. The president said:

“We need a competitive tax code that creates more jobs and higher wages for Americans. It’s time to give American workers the pay raise that they've been looking for, for many, many years. … If we do this, if we unite in the name of common sense and the name of common good, then we will add millions and millions of new jobs, bring back trillions of dollars, and we will give America the competitive advantage that it so desperately needs and has been looking for for so long. It’s time.”

No argument here. The natural gas and oil industry is about economic growth: investing, creating jobs and boosting worker pay for years – on the way to supporting 10.3 million jobs while adding $1.3 trillion to the national economy and aiding growth across all 50 states. 

More »

Go For ‘Robust’ in New Offshore Leasing Program

offshore leasing  offshore energy  safe operations  us energy security  eastern gulf of mexico  atlantic ocs 

Mark Green

Mark Green
Posted August 18, 2017

Here’s the case for expanded opportunity within a new offshore oil and natural gas leasing program that federal officials are assembling: Safely developing American oil and natural gas on the outer continental shelf (OCS) is vital to the United States’ long-term energy and national security; we need new access to offshore areas, such as the Eastern Gulf of Mexico. Including them in the federal five-year plan will allow surveying to determine the location and size of oil and gas reserves; safe oil and natural gas production on the OCS could significantly boost local, regional and state economies; and advanced technologies, strong industry standards and a robust regulatory system work effectively together to protect workers, communities and the environment.

More »

Eclipse Mania: Natural Gas Will Shine – As It Always Does

natural gas  electricity  solar energy  wind energy 

Mark Green

Mark Green
Posted August 17, 2017

In 2017, it would be hard to find very many people who don’t know about Monday’s big solar outage. Here’s hoping everyone safely enjoys the eclipse in all its wonder – while also absorbing what this dramatic sun interruption teaches about the need for reliable energy in our daily lives. And that lesson is that natural gas is the every-day essential partner – partner, not backup – to intermittent energy sources like solar because, as will be underscored on Eclipse Monday, the sun doesn’t always shine.

More »