Skip to main content

Energy Tomorrow Blog

Bipartisan Crude Exports Vote – A Vote for U.S. Jobs, Security, Competitiveness

crude oil exports  domestic oil production  economic growth  security  jobs 

Mark Green

Mark Green
Posted October 9, 2015

It’s a bit early to go into a “victory formation” with the U.S. House of Representatives’ bipartisan vote to pass legislation lifting the United States’ decades-old ban on exporting domestic crude oil. The measure still has to get through the Senate, and President Obama has promised to veto it – vetoing help to consumersjobs and economic growth, as well as an opportunity to increase America’s global competitiveness while strengthening our security.

Yet, it’s a major step in the direction of making energy history, which ending the export ban surely would represent. It would acknowledge that the world is much changed since the 1970s-era ban was imposed – mainly, that the U.S. energy revolution has rewritten America’s energy narrative while fundamentally reordered the world energy balance. Both compel policymakers to finish the job and lift the export ban.

More »

Populists Versus the Populace – Oil Exports Edition

crude oil exports  earnings  oil and natural gas development  investments  taxes  economic growth  jobs 

Mark Green

Mark Green
Posted October 9, 2015

We’re still more than a year from the next presidential election, but already we’re hearing attacks on energy company earnings, rhetoric calibrated for the sole purpose of riling up the party base. It’s bad political theater that misleads the American public to score political points, distracting from a substantive debate on the right energy path for the country. This has come up most recently in the debate over lifting the 1970s-era ban on U.S. crude oil exports -- which was advanced with bipartisan U.S. House passage of a bill ending the export ban.

Yesterday, we looked at problems with the White House’s opposition to lifting the ban. Goodness knows, export opponents on Capitol Hill have their own faulty reasons. We’ve covered most of these before, including consumer impactsnational security and the oil imports vs. exports muddle.

Some of the biggest confusion comes from those who find it convenient to flay the oil and natural gas industry. Certainly, running around and repeating “Big Oil” over and over again plays well with people who don’t like fossil fuels and/or progress in general. Unfortunately, in their rush to attack those who supply products that the American people actually want and demand – products that power our economy and modern way of life – it’s the American people who take the hit.


More »

White House Politics Versus The American People

crude oil exports  economic growth  jobs  white house  ghg mitigation technologies  oil and natural gas development 

Kyle Isakower

Kyle Isakower
Posted October 8, 2015

These things are true:

  • The U.S. gets the majority of its energy from oil and natural gas, and is projected to continue to do so for decades.
  • Since 2005 U.S. production of natural gas is up 43 percent.
  • Since 2008 U.S. production of crude oil is up 88 percent.
  • U.S. air quality continues to improve, with concentrations of carbon monoxide down 60 percent, ozone down 18 percent, lead 87 percent, nitrogen dioxide 43 percent, particulate matter 35 percent and sulfur dioxide 62 percent since 2000.
  • The federal U.S. budget deficit for FY2015 was $435 billion.
  • The U.S. trade deficit rose in August as exports hit a three-year low.
  • Since 2008 our working age population has grown by over 16 million, while employment is up 8.5 million, leaving the U.S. at odds with trends in other countries.
  • U.S. poverty and wages are stagnant, and it is getting harder for people to move beyond a minimum-wage job.
  • Americans' trust in the federal government's ability to handle domestic problems has reached a new low.

These things are true, and thus, when presented with bipartisan legislation to reduce consumer fuel costs and the trade deficit while increasing U.S. investment, domestic crude oil production, GDP and government revenues and creating good paying jobs – all via U.S. crude oil exports – the White House obviously had no choice but to … threaten to veto it.


More »

The Crude Oil Exports Vote

crude oil exports  crude oil production  economic growth  jobs 

Mark Green

Mark Green
Posted October 7, 2015

The U.S. House has an important vote scheduled for Friday on legislation that would lift the 1970s-era ban on domestic crude oil exports. It’s an historic chance for U.S. policymakers to affirm that America’s energy picture is fundamentally and dramatically improved from where it was four decades ago – thanks to surging domestic production that has made the United States the world’s No. 1 producer of oil and natural gas.

It boils down to this: A vote for the bill would be a vote for U.S. jobseconomic growthtrade benefits  and strengthened American security. It would be a vote for U.S. consumers and American global competitiveness. It would be a vote for America’s friends abroad, who see U.S. energy as a global supply diversifier and stabilizer. As one ally said earlier this year, with U.S. oil exports the “world itself will be a … safer place.”

More »

The Crude Oil Exports Vote

crude oil exports  domestic oil production  economic growth  jobs  Energy Security 

Mark Green

Mark Green
Posted October 7, 2015

The U.S. House has an important vote scheduled for Friday on legislation that would lift the 1970s-era ban on domestic crude oil exports. It’s an historic chance for U.S. policymakers to affirm that America’s energy picture is fundamentally and dramatically improved from where it was four decades ago – thanks to surging domestic production that has made the United States the world’s No. 1 producer of oil and natural gas.

It boils down to this: A vote for the bill would be a vote for U.S. jobs, economic growth, trade benefits  and strengthened American security. It would be a vote for U.S. consumers and American global competitiveness. It would be a vote for America’s friends abroad, who see U.S. energy as a global supply diversifier and stabilizer. As one ally said earlier this year, with U.S. oil exports the “world itself will be a … safer place.”

More »

EPA Fumbles On Unneeded Ozone Regs

ozone  regulation  epa  air quality  economic impacts  jobs 

Mark Green

Mark Green
Posted October 2, 2015

A number of Americans may look at some of the mixed reaction to the Obama administration’s release of new, more restrictive ozone standards and conclude that if industry and business groups and environmental activists all are unhappy with the final standards, then the administration must be congratulated for splitting the difference.

As measured as that sounds, it’s simply the wrong approach for setting air quality policy – and lots of Americans are likely to be caught up in the impacts.

As noted in this post, changing national ozone standards from the current 75 parts per billion (ppb) to 70 ppb could impact job growth in nearly one-third of the country’s counties or county equivalents, according to an API analysis of EPA data. Instead of 217 counties out of compliance with ozone standards, 958 could be in violation and potentially subject to constraints that could affect business expansion, infrastructure development, transportation projects and other activities in those localities. Shorter: These impacts could be coming to a neighborhood near you – affecting economic growth and job creation.

More »

Stricter Ozone Standards Could Constrain America

ozone  regulation  economic impacts  jobs  american petroleum institute  epa 

Mark Green

Mark Green
Posted October 1, 2015

Here’s probably the most important thing to know about new, more restrictive ozone standards announced by the Obama administration: They could impact job growth in nearly one-third of all counties or county equivalents in the United States, according to a recent API analysis of EPA data. That’s 958 counties – up from just 217 under the current standards – projected to be in non-attainment with ozone standards set at 70 parts per billion (ppb).

So, unless Congress acts (as it should), get ready. These new standards will pretty much hit a lot of Americans right where they live – potentially hurting jobs, chilling investment and curbing business activity, for little or no public health benefit.

More »

Fueling the Energy Revolution

analysis  oil and natural gas production  hydraulic fracturing  economic growth  Energy Security  energy exports  jobs  ethanol 

Mark Green

Mark Green
Posted September 30, 2015

America’s energy revolution means … a United States that’s more energy self-sufficient – less dependent on others, more secure in the world and better positioned to help friends abroad; economic growth and job creation – and with the right policy choices, a golden opportunity to secure American prosperity well into the future; and a stronger U.S. trading posture that, with energy exports, could benefit consumers

Let’s look at some charts that illustrate this American energy renaissance – which is based on the surge in domestic production that has accompanied the growth of safe, advanced hydraulic fracturing and horizontal drilling since the mid-2000s.

More »

Anti-Domestic Energy Policies Would Harm U.S.

analysis  access  oil and natural gas development  federal leases  economic growth  Energy Security  jobs 

Mark Green

Mark Green
Posted September 25, 2015

The Washington Post reports that a coalition of environmental activists wants the Obama administration to stop new federal leasing for oil and natural gas development. Notwithstanding the broad energy, economic and security benefits produced by America’s energy revolution, the opportunity to secure America’s future and significant air quality progress, their position is simple: Keep it in the ground.

The position also is extreme, anti-progress and anti-modern – though hardly surprising. There’s a small but loud element that has little interest in safe and responsible energy development or in constant improvement of operational and environmental safety. Rather, it opposes development altogether. Their recent push is the latest sign of an agenda that would put America in retreat economically and in the world.

What’s surprising is that these activists actually concede that Americans want oil and natural gas. They acknowledge consumer demand for oil and gas – affordable, reliable and portable fuels that make life less harsh, healthier and more prosperous – but they want government to choke off that demand by cutting supply.

More »

Video: Hopes, Dreams and a Career in Energy

analysis  oil and natural gas jobs  workforce  women in energy industry  american petroleum institute  Jack Gerard 

Mark Green

Mark Green
Posted June 10, 2015

The video below was featured during last week’s Big Brothers Big Sisters (BBBS) National Conference in Philadelphia, which highlighted the organization’s efforts to mentor at-risk youth. Take a look. “Darryl’s Story” is a compelling example of the positive effects of adult role-modeling – the good that can result when kids learn to dream big and then to work on their dreams. The energy connection: For Darryl, the journey took him to the oil and natural gas industry.

As an industry that’s creating opportunities that can be the realization of aspirations for fulfilling, well-paying careers, API is proud to partner with BBBS. The great news is that the oil and natural gas industry needs more Darryls, more young men and women who want to be geologists, engineers, chemists and the other specialties that comprise our modern workforce.

More »