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Energy Tomorrow Blog

Natural Gas Abundance Generates Export Opportunities

lng exports  natural gas  consumers  economic growth 

Dean Foreman

Dean Foreman
Posted February 28, 2018

In the first API Chart of the Month, we looked at historical U.S. trade in oil and natural gas. This month, let’s examine global liquefied natural gas (LNG) prices, which increasingly have helped to anchor U.S. natural gas production and reinvigorate local jobs, wages, housing, education and services – everything that comes with major new capital projects and their broad-based boost to the economy.

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January MSR: Oil Scores Perfect ‘10.2’

oil and natural gas production  refining and distribution  economic impacts 

Dean Foreman

Dean Foreman
Posted February 16, 2018

U.S. crude oil production scored a perfect “10” in January – make that 10.2, to be precise, as in 10.2 million barrels per day (mbd). That record production, combined with a new high for refinery throughput and 6.3 mbd of crude oil and refined product exports, narrowed the price difference between U.S. and international crude prices last month and underscored the global impact of U.S. energy. All of this data and more may be found in API’s Monthly Statistical Report for January

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The Imperative of the U.S. Energy Trade [R]evolution

state of the union  trade  oil and natural gas  us energy security 

Dean Foreman

Dean Foreman
Posted January 30, 2018

For the first installment of my API Chart of the Month series, let’s look at a pair of charts that show the strengthening of U.S. trade positions for petroleum – crude oil and refined products – and natural gas – supported by trade pacts such as the North American Free Trade Agreement (NAFTA). This is especially timely given the possibility trade will come up during tonight’s State of the Union address. 

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Come and Get It: API’s Monthly Statistical Report

api monthly statistical report  oil and natural gas 

Dean Foreman

Dean Foreman
Posted January 26, 2018

API’s Monthly Statistical Report (MSR) is a goldmine of information about our industry – and now the public can access it for free. Responding to new and evolving marketplace needs, API is now sharing the MSR free of charge on its website beginning this month. The report includes analysis of recent developments for major products, imports, refineries and inventories – accompanied by API graphs.

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A deeper dive into New England’s self-imposed pipeline capacity problem

electricity  natural gas  infrastructure  pipelines  electric-grid  prices 

Dean Foreman

Dean Foreman
Posted January 12, 2018

U.S. infrastructure promises to be a top priority for the Trump administration in 2018. In his State of American Energy keynote address, API President and CEO Jack Gerard highlighted how resistance to infrastructure development has left New Englanders with some of the highest electricity costs in the nation, particularly so through extreme winters. 

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Energy, Technology Enable U.S. Prosperity.

economic growth  oil and natural gas  technology  energy policy 

Dean Foreman

Dean Foreman
Posted January 11, 2018

Metropolitan areas that are near natural gas, oil and mining activity have been exceptionally productive and able to sustain high productivity over time, according to a recent Brookings Institution study. While overall U.S. productivity has continued to slow, metro area participation in the energy and technology booms has become a precursor of high productivity and growth.

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