Energy Tomorrow Blog
Posted November 19, 2018
As we wait for the Trump administration to unveil the next federal offshore leasing program, which will guide offshore natural gas and oil development the next five years, new studies affirm what we’ve been saying about the economic boost outer continental shelf (OCS) leasing could give to coastal states – in the form of cumulative tax revenues over a 20-year forecast period. …
Individually, each state is looking the potential for big numbers and big benefits across the entire state. They follow studies earlier this year finding that through offshore leasing these states together could see billions in projected industry spending and the creation of hundreds of thousands of jobs.
Posted November 8, 2018
A big shout-out to Colorado’s voters for decisively rejecting a measure that could have significantly stifled new natural gas and oil production in their state – showing that they value energy’s importance to their economy, schools and public services.
Coloradans clearly support responsible development, and Tuesday’s vote signals that going forward, natural gas and oil’s value to Colorado is to be acknowledged as everyone works together to advance energy growth and public health.
Posted November 1, 2018
As Coloradans prepare to vote on an anti-energy measure that could severely damage state natural gas and oil production and stagger the state’s economy, it’s no exaggeration to say the whole nation is watching.
Consider: Proposition 112 would make 85 percent of non-federal land in Colorado – the United States’ sixth-leading natural gas and oil producer – off limits for new energy production by increasing required setbacks or buffer zones around certain “occupied structures” and “vulnerable areas” by 400 percent over the existing requirement.
Posted October 29, 2018
The Trump administration’s plan to push more high ethanol-blended E15 into the nation’s fuel supply doesn’t sit well with U.S. voters – for the consumer reasons we’ve been talking about for months (see here, here and here).
A new national survey of 1,001 registered voters across the country, conducted by Harris Poll, shows bipartisan concern about expanded sales of E15, which contains 50 percent more ethanal than E10 fuel, which is standard in the U.S.
Posted October 23, 2018
Two stat lines capture the essence of modern natural gas and oil development:
First, the United States produced a record 11 million barrels of oil per day (mbd) in September, 2.2 mbd more than September 2017, according to API’s latest Monthly Statistical Report (MSR). It’s a remarkable output number, given where domestic production was less than two decades ago.
Second point: Just as remarkable is the fact the United States’ world leadership in natural gas and oil production is accompanied by world leadership in cutting greenhouse gas emissions.
Posted October 11, 2018
In an editorial this week, Colorado’s largest newspaper announced strong opposition to Proposition 112, the anti-progress, anti-energy ballot measure that could put 85 percent of non-federal land off limits to natural gas and oil production in the nation’s fifth-leading natural gas and seventh-largest oil producing state.The Denver Post editorial urges voters to vote no on Proposition 112, arguing that requiring natural gas and oil operations to be 2,500 feet from “vulnerable areas” would be a severe blow to state energy production, jobs and economic growth.
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 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.