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Energy Tomorrow Blog

Energy Today – June 17, 2013

exports  oil production  hydraulic fracturing  lng exports 

Mary Leshper

Mary Schaper
Posted June 17, 2013

Washington PostWhy We Should Speed U.S. Gas Exports

In an op-ed for the Post, U.S. Sen. John Barrasso of Wyoming writes that the United States has a rare opportunity through natural gas exports to simultaneously create jobs, strengthen our foreign policy hand and help allies abroad. “Make no mistake: Our allies need energy to grow,” he writes. “If the United States does not supply that energy, someone else will.”

The TelegraphU.S. Having Real Energy Revolution with Oil Surge

“Despite disruptions to oil supply in Africa and parts of the Middle East, rising US output ensured that global oil production continued to grow,” writes Garry White.

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Gasoline Prices and Real Help for Consumers

access  energy  gasoline  regulation  Energy 101  Jobs and Economy  gas prices  fuel prices  Onshore Oil Production  Onshore Gas Production 

Mark Green

Mark Green
Posted May 23, 2013

Gasoline prices have been rising with the approach of the summer driving season – up to about $3.66, according to AAA – pushed there by rising crude oil prices. U.S. consumers need help. And they could get it – if the administration pursued a number of energy policies to put downward pressure on global crude costs, while abandoning other choices that could harm consumers.

API Chief Economist John Felmy’s reporter briefing Thursday focused attention on two paths: one that will increase domestic production of oil and natural gas and one that won’t. Unfortunately, the administration – via proposals to increase energy taxes and a new wave of questionable regulation – looks headed down the wrong path, a recipe for disaster for American energy:

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Let's Have A Parade

energy information administration  crude oil  crude oil production  oil imports  energy access  domestic energy reserves 

Mark Green

Mark Green
Posted March 21, 2013

New from the U.S. Energy Information Administration:

Monthly crude oil production in the United States is expected to exceed the amount of U.S. crude oil imports later this year for the first time since February 1995. The gap between monthly U.S. crude oil production and imports is projected to be almost 2 million barrels per day (bbl/d) by the end of next year—according to EIA's March 2013 Short-Term Energy Outlook.

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Domestic Oil Production and the ‘Teachable Moment’

regulations  natural gas  liquid fuels  imports  domestic oil production  access 

Mark Green

Mark Green
Posted January 9, 2013

The U.S. Energy Information Administration’s Short-Term Energy Outlook released this week contains two important crude oil stats:

  • U.S. domestic production is expected to continue growing rapidly over the next two years, from an average of 6.4 million barrels per day (bbl/d) last year to 7.3 million bbl/d in 2013 and 7.9 million bbl/d in 2014. Much of the production growth will come from drilling in tight plays in the Williston (North Dakota and Montana), Western Gulf and Permian basins (Texas).
  • U.S. liquid fuel imports, including crude oil, are expected to decline to an average of 6 million bbl/d by 2014. EIA says the net import share will average 32 percent in 2014 “because of continued substantial increases in domestic crude oil production.”

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Domestic Energy, Manufacturing Competitiveness and Trade

manufacturing  imports  domestic energy  oil production  trade 

Mark Green

Mark Green
Posted December 26, 2012

The Washington Times has an article that focuses on the connection between increased domestic energy production, a U.S. manufacturing resurgence and an improved trade balance

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Graphing Oil and Natural Gas Production: Let’s Get All the Lines Going Up

access  domestic energy  energy  federal land  natural gas  natural gas production  oil production 

Mark Green

Mark Green
Posted October 19, 2012

Lots of discussion this week about energy production from federally controlled areas – onshore and offshore – as a subset of an overall rise in U.S. oil and natural gas output.

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Graphically Speaking: Producing Oil on Federal Lands

oil production  federal onshore lease  federal leases 

Mark Green

Mark Green
Posted January 24, 2012

One of the most important things to know about producing oil on federal lands is that it takes time. Lots of it. As this chart developed by API illustrates, it’s up to a decade from the time a lease is won at auction to the first actual production of oil. If you include pre-lease sale studies and evaluation, which have to be done before companies bid on federal leases, that’s a couple more years.

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