Energy Tomorrow Blog
Posted September 9, 2016
Looking back, the weight of scholarship and analysis had predicted that, rather than cause higher pump prices here at home as some claimed, exporting domestic crude would put downward pressure on U.S. gasoline prices. In fact, that’s what we’re seeing – abundant crude oil supply benefiting American consumers. U.S. crude exports are part of that market dynamic – while also helping to support domestic production and strengthening America’s balance of trade.
Posted September 6, 2016
Posted September 1, 2016
Our industry understands that water is a valuable natural resource. That’s why oil and natural gas companies are constantly improving their water management and conservation practices. Company efforts typically fall into three different categories.
Posted August 24, 2016
The United States is a global energy leader, thanks largely to technological advances in hydraulic fracturing and horizontal drilling. America’s energy leadership has proven successful in reducing greenhouse gas emissions, strengthening national security and keeping prices low for consumers.
Posted August 9, 2016
Posted July 18, 2016
Energy-wise, it’s a great time to be an American. Be it providence or plain good luck, the United States is energy rich – with the technologies, industry expertise and experience to responsibly develop the energy Americans need every day to lead modern lives. The U.S. energy revolution comes at an opportune moment in our country’s history. Consider just some of the products of this good energy fortune…
Posted June 9, 2016
Competitive forces and industry innovation continue to drive technological advances and produce clean-burning natural gas, which has led to reducing carbon emissions from power generation to their lowest level in more than 20 years, making it clear that environmental progress and energy production are not mutually exclusive.
Posted June 3, 2016
As social media really wants you to know, today is National Doughnut Day, so whether you spell it long or go with donut for short, here are an "energy dozen" to take in while enjoying your tasty treat.
Posted May 23, 2016
New figures from the U.S. Energy Information Administration show the United States remained the world’s No. 1 producer of oil and natural gas in 2015, a position the U.S. has held since 2012.
Several important points here, supporting the idea that U.S. world energy leadership is a big thing.
First, U.S. production of oil and natural gas grew last year despite continued low prices for crude last year. U.S. output of petroleum and other liquid fuels grew from 14.08 million barrels per day in 2014 to 15.04 million barrels per day in 2015. According to EIA, natural gas production rose from 74.89 billion cubic feet per day (bcf/d) in 2014 to 78.94 bcf/d in 2015, or about 13.99 million barrels of oil equivalent per day.
The second point is the vast majority of U.S. energy production is the result of safe and responsible hydraulic fracturing and modern horizontal drilling – fracking.
Posted May 17, 2016
The United States in 2040 will be more energy self-sufficient, a net energy exporter and a lower source of energy-related carbon emissions as clean-burning natural gas becomes the dominant fuel for generating electricity. The leading energy source 24 years into the future – as they are now – will be oil and natural gas.
So projects the U.S. Energy Information Administration (EIA) in an early look at select data from EIA’s Annual Energy Outlook 2016 report that’s scheduled for full release in July.
The main takeaway from EIA’s “sneak preview” is the importance of the U.S. energy revolution – primarily oil and natural gas developed from shale and other tight-rock formations using safe hydraulic fracturing and modern horizontal drilling. The United States is stronger now and will be in the future thanks to domestic energy from fracking.