Energy Tomorrow Blog
Posted October 3, 2018
Announcement of the United States, Mexico and Canada Agreement (USMCA) – locking in Canada and Mexico as our nation’s closest trading partners – is good news for the U.S. energy renaissance. Attention now turns to Congress, which should ratify the deal....
Because zero or reduced tariffs, market access between the three countries and trade liberalization all worked to the benefit of U.S. energy under NAFTA, our industry’s chief goal was an updated agreement was to keep in place features that have supported U.S. energy. USMCA does that – and Americans will be the beneficiaries.
Posted September 28, 2018
As President Trump has weighed the broken Renewable Fuel Standard (RFS) and its mandates for ever-increasing ethanol use, he asked EPA for a deal that works for all stakeholders and protects consumers.
Unfortunately, he didn’t get one.
In the current push to facilitate year-round sales of E15 gasoline, which contains 50 percent more ethanol than the E10 fuel that’s standard nationally, EPA is serving up a deal that’s lopsidedly unfavorable to the nation’s refiners and does nothing to protect consumers.
Posted September 27, 2018
With recent reports indicating that the EPA is moving to facilitate the year-round sale of E15 gasoline – which studies have shown could put consumers at risk – API and American Fuel & Petrochemical Manufacturers (AFPM) this week wrote a letter to President Trump urging the administration not to take actions that could negatively impact refiners.Specifically, EPA is preparing an extension to the one-pound Reid Vapor Pressure (RVP) waiver to E15 fuel, coupled with potentially problematic changes to Renewable Identification Number (RIN) market trading.
Posted September 26, 2018
It’s Clean Energy Week, which API is proud to sponsor. Thus, a new commitment by an oil and natural gas industry group – the Oil and Gas Climate Initiative (OGCI) – to reduce methane emissions is well-timed indeed. Three big points from OGCI’s announcement and Clean Energy Week: 1) Clean natural gas is integral to climate progress; 2) Industry is leading in reducing greenhouse gas emissions; 3) Climate action isn't exclusive to government regulation or special-interest agendas.
Posted September 25, 2018
More than three years ago we posted a blog with a humorous cartoon to highlight the distinctly unfunny risks that E15 gasoline poses for motorcycle-riding Americans. Unfortunately, as debate over ethanol mandates in the federal Renewable Fuel Standard (RFS) continues, those concerns remain. They’re heightened by the administration’s plan to facilitate year-round sales of E15, which contains 50 percent more ethanol than E10 fuel that’s standard across the country.That’s a problem for owners of motorcycles – and also owners of all-terrain vehicles – because using E15 in them can void warranties.
Posted September 20, 2018
In API’s latest Industry Outlook and Monthly Statistical Report, we have shifted from recognizing risks on the horizon to having a line of sight on some of them. The effects of trade disputes in particular have become tangible.
Most notably, at the same time as the U.S. celebrated another new record for crude oil production of 10.8 million barrels per day (mb/d), U.S. petroleum exports decreased by 1.3 mb/d over the past two months.
Posted September 18, 2018
For some time we’ve worked to spread the word about the potential risks to U.S. consumers posed by E15 fuel, which contains 50 percent more ethanol than E10 fuel that’s standard across the country. Now, with the administration thinking about facilitating E15 sales year-round, it’s a good time to revisit some of the specific ways E15 can negatively impact consumers. Such as boat owners.
Posted September 13, 2018
As officials at the National Hurricane Center monitor the projected path of Florence, here are a few things to know about industry’s preparations and the critically important fuel supply chain.
First, industry’s focus – as with all impactful storms – is safety and keeping the market well-supplied, including storm-affected areas. The nation’s fuel supply system is large, geographically diverse and adaptable – and in the past has responded to minimize disruptions.
Posted September 13, 2018
Let’s push back against a narrative springing up around EPA’s proposed improvements to the 2016 standards on emissions from new natural gas and oil production sources – which the agency says will streamline implementation, reduce duplication with state requirements and decrease unnecessary burdens on domestic energy producers.
First, while API reviews EPA’s proposal, it’s important to note that it appears the rule will continue to protect public health and reduce emissions through standards that are smarter, science-based and that promote greater cost-effectiveness – while industry keeps on delivering the energy Americans use every day.
The narrative is based on a mythology that natural gas and oil companies don’t care about emissions and won’t develop new technologies and innovations to capture more and more emissions unless Washington makes them do it. False and false.
Posted September 11, 2018
To mark National Drive Electric Week, as well as discussions of electric vehicles (EVs) likely at this week’s Global Climate Action Summit in San Francisco, let’s underscore some important perspective on EVs contained in this recent piece by Axios.
Amy Harder’s column compares the carbon dioxide emissions saved by each Tesla EV to the CO2 savings of other sources of energy, including natural gas. Noting Tesla’s July announcement that it had passed the 200,000 mark for vehicles sold in the U.S., Harder – assisted by think tank Third Way – wrote that a nuclear reactor replacing coal equals the CO2 savings of 541,353 Teslas. Natural gas replacing one coal plant equals the CO2 savings of 98,940 Teslas, and so on.
Harder’s piece isn’t a knock against Tesla, just one EV manufacturer, or EVs in general. Rather, it suggests that a national discussion of EVs should be fact-based, and that we might need to tap the brakes a bit on EV technology’s emissions impacts.