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Energy Tomorrow Blog

American Energy – A Bipartisan Issue

american energy  oil and natural gas  hydraulic fracturing  afl cio  access  american petroleum institute  economic growth 

Mark Green

Mark Green
Posted August 28, 2014

Despite the hyper-partisanship currently flourishing in Washington, there is a potential tie that binds: American energy.

Thanks to advanced technologies, entrepreneurial risk-taking and abundant oil and natural gas reserves, U.S. energy is on the rise: We’re the world’s No. 1 producer of natural gas and likely to be No. 1 in crude oil production next year, according to the International Energy Agency. Our energy revolution is creating jobs, boosting the economy and increasing America’s energy security and influence in the world. It’s also a bridge to bipartisanship.

API Executive Vice President Louis Finkel touched on these themes in a recent op-ed for the Reno Gazette-Journaland in a presentation before the Nevada state convention of the AFL-CIO. 

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All In for All of the Above

fossil fuels  oil and natural gas  petroleum products 

Mark Green

Mark Green
Posted June 23, 2014

So, how about Team USA’s performance in soccer’s World Cup!

The United States men’s national team is/are on the verge of something special down in Brazil – thanks to world-class skills, great coaching and superb fitness – cheered on by thousands of American fans.

Now, imagine for a minute what this World Cup would be like without fossil fuel energy. Think about all of those U.S. boosters, as well as fans from other countries, trying to travel to South America without the energy from fossil fuels. It wouldn't be pretty.

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Jobs and Opportunity in Energy

job creation  oil and natural gas jobs  oil and gas industry  american energy  petroleum products 

Mark Green

Mark Green
Posted March 10, 2014

A new report on the employment outlook for minorities and women in the oil and natural gas and petrochemical industries can be summed up in two words: tremendous opportunity. The study by consulting firm IHS projects that minorities will fill one-third of jobs in these industries by 2030 – up from one-quarter in 2010.

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The Trouble with Tier 3

epa regulation  petroleum 

Mark Green

Mark Green
Posted March 4, 2014

EPA's new, stricter rule requiring refiners to remove the last bit of sulfur from gasoline very likely will impact consumers and put additional drag on the economy while providing, at best, negligible benefit. The agency’s Tier 3 rule is a prime example of an unreasonable regulatory reach – one that studies have shown will increase costs without appreciably helping the environment.

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Energy, Exports and an Improving U.S. Trade Balance

energy exports  domestic energy development  trade  petroleum products 

Mark Green

Mark Green
Posted February 7, 2014

Big news from the Commerce Department this week is that U.S. exports rose to a new high in 2013 and imports dropped to their lowest level since 2009 for the smallest U.S. trade deficit since 2009 – thanks largely to reduced oil imports due to growing domestic production and record exports of products made from petroleum. The Wall Street Journal (subscription required) reports:

A booming domestic energy industry is largely responsible for the turnaround. Not adjusted for inflation, the value of petroleum exports—a category that includes gasoline, kerosene, lubricants, solvents and other products—reached a full-year peak in 2013. Petroleum imports, by value, were the lowest since 2010 and the volume of crude-oil imports, at 2.8 billion barrels, were the lowest since 1995.

Bloomberg reports the U.S. trade gap narrowed to $471.5 billion last year from $534.7 billion in 2012, with the trade balance on petroleum products shrinking to 20.2 percent, the biggest decline in four years.

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Lots of Shale Output, Lots of Well-Paying Jobs

shale gas drilling  shale jobs  petroleum engineering  hydraulic fracturing 

Mark Green

Mark Green
Posted October 23, 2013

Good-news posts are better than good. They’re great. What follows is double-barrel oil and natural gas good news – starting with data from the U.S. Energy Information Administration (EIA) on North American natural gas production from shale. The short story: North America is No. 1 in the world.

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Policy Briefing: The Keystone XL’s National Interest and Security Implications

american petroleum institute  keystone xl pipeline  canada  crude oil  imports 

Mark Green

Mark Green
Posted July 23, 2013

A decision on whether the Keystone XL pipeline is in the U.S. national interest has been before the president for nearly five years – despite the fact the project has cleared four environmental reviews by the State Department, would create tens of thousands of U.S. jobs, would strengthen our energy partnership with Canada, our leading supplier of imported crude oil and enjoys overwhelming support from the American people.

Check in with a policy briefing on the Keystone XL’s national interest and security implications, hosted by The Hill:


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On Energy, Oil and Natural Gas – Time to Follow Through

state of the union  president  petroleum  natural gas  drilling 

Mark Green

Mark Green
Posted February 13, 2013

President Obama’s State of the Union message clearly indicated he understands the role domestic oil and natural gas development can play in creating jobs and lifting the economy. Now, will he act? Will he do things to help foster an array of benefits the oil and natural gas industry can provide our country? Let’s go over what we heard Tuesday night.

The Deficit

The president: “Our work must begin by making some basic decisions about our budget – decisions that will have a huge impact on the strength of our recovery. … We are more than halfway towards the goal of $4 trillion in deficit reduction that economists say we need to stabilize our finances. Now we need to finish the job. And the question is, how?"

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