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Energy Tomorrow Blog

Our Energy, Our Benefits

economic benefits  gasoline prices  oil production  hydraulic fracturing  ethanol  epa 

Mark Green

Mark Green
Posted August 29, 2014

New York Times: THREE RIVERS, Tex. — Whenever overseas turmoil has pushed energy prices higher in the past, John and Beth Hughes have curbed their driving by eating at home more and shopping locally. But the current crises in Ukraine and Iraq did not stop them from making the two-hour drive to San Antonio to visit the Alamo, have a chicken fried steak lunch, and buy fish for their tank before driving home to Corpus Christi.

“We were able to take a day-cation because of the lower gas prices,” said Ms. Hughes.

The reason for the improved economics of road travel can be found 10,000 feet below the ground here, where the South Texas Eagle Ford shale is providing more than a million new barrels of oil supplies to the world market every day. United States refinery production in recent weeks reached record highs and left supply depots flush, cushioning the impact of all the instability surrounding traditional global oil fields.

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Supply and Downward Pressure on Crude Prices

access  keystone xl  crude oil prices  gasoline prices  regulation 

Mark Green

Mark Green
Posted July 18, 2013


The history of modern crude oil prices includes a number of instances where historical events have accompanied dramatic price shifts. Simply: Events that impact or could impact supply affect the global crude oil market. And, because the cost of crude is the main driver of gasoline prices – currently about 66 percent

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On Power and Fuel

energy reality  gasoline prices 

Rayola Dougher

Rayola Dougher
Posted March 12, 2012

"If (when?) battery technology leaps forward to make hybrid or electric vehicles a significant share of the market, then electricity and its sources will begin to act as significant substitutes for gasoline and diesel fuel. At that point R&D to reduce the cost of solar power, wind power, nuclear power, hydro power, and natural gas power could start to affect the price at the pump enough for you to notice. But until then fuel and electric power are for all practical purposes separate issues, and when an elected official’s response to high fuel prices is more research on or subsidies for some form of electric power production, he is either confused or misleading you. More from the EIA here.

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Americans Want Jobs, Not Higher Taxes

american economy  american jobs  domestic energy  energy taxes  gasoline prices  government revenue  taxes  natural gas tax  oil tax  pricewaterhouse coopers study 

Jack Gerard

Jack Gerard
Posted May 12, 2011

Even as the economy creates more jobs, unemployment remains much too high. That is one reason Americans remain highly suspicious of efforts to increase taxes on the oil and natural gas industry, an industry that supports more than 9.2 million jobs - and could create more than one million new jobs if we opened areas currently off limits, pursued oil and natural gas shale development, and furthered our energy partnership with Canada.

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More Taxes Jeopardize American Oil and Natural Gas Development

domestic energy  economic growth  energy policy  gasoline prices  gdp  oil and natural gas industry  prices  state of american energy  taxes  brazil  saudi arabia 

Jack Gerard

Jack Gerard
Posted May 3, 2011

Editors Note: Today API President and CEO Jack Gerard gave an update on the State of American Energy, outlining a path to success for lower gasoline prices, increased energy security and more American jobs.

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Oil and natural gas needed to get to tomorrow's fuels

alternative energy  biofuels  domestic energy  energy policy  gas prices  gasoline  gasoline prices  nevada  prices  solar  wind  geothermal 

Rayola Dougher

Rayola Dougher
Posted March 25, 2011

API Executive Vice President Marty Durbin had this letter to the editor in today's Las Vegas Sun in response to its editorial "Forging a new policy".

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