Energy Tomorrow Blog
Posted July 18, 2018
There’s talk about reducing greenhouse gas emissions – and then there’s taking steps to produce measurable results. The United States is in the second category, with the natural gas and oil industry playing the leading role.
Two charts from the American Enterprise Institute’s Mark J. Perry help illustrate: First, using data gleaned from BP’s Statistical Review of Global Energy, Perry shows that the U.S. led the world in reducing carbon dioxide emissions in 2017.
Posted July 10, 2018
Offshore energy development works for the states – all of them.
The U.S. Interior Department recently announced that $61.6 million in revenues from offshore oil and natural gas will be distributed to all 50 states, U.S. territories and the District of Columbia – via grants that support state conservation and outdoor recreation projects.Ponder that: You don’t have to be a coastal state; you don’t have to be a producing state. Under the Gulf of Mexico Energy Security Act (GOMESA), everyone benefits from offshore natural gas and oil revenues that are earmarked for Land and Water Conservation Fund (LWCF) grants.
Posted July 9, 2018
Posted July 3, 2018
As many of our long-time readers know, I am not the original author of this blog but have carried on a conversation Jane Van Ryan started in 2009. Jane, who passed away on Sunday, was part of the original Energy Tomorrow team, whose goal was to help tell the story of the people of America’s natural gas and oil industry.
A former television reporter, Jane knew how to tell a story and tell it well.
Posted June 28, 2018
When talking about the nuts-and-bolts of policy, it’s easy to lose sight of the real-world impacts of various regulatory choices. In Pennsylvania, where Gov. Tom Wolf continues to press for higher taxes on the commonwealth’s natural gas producers, the benefits of existing impact taxes on producers shouldn’t be overlooked.
Posted June 25, 2018
The notion that failing coal and nuclear plants need to be propped up by Washington continues to be advanced by some in the administration and, of course, members of the industries that would benefit from bailouts – usually by attacking natural gas and its infrastructure. In recent months we’ve rebutted their claims that the nation’s electricity grid is at risk and that natural gas has reliability issues as a fuel for power generation, especially during extremely cold weather. We’ve also pushed back on their assertion that there’s a heightened risk of cyber attack for natural gas infrastructure.
Next up: A flawed report about an impending wave of nuclear plant retirements, apparently to stoke anxiety and build support for the cause.
Posted June 21, 2018
Let’s make three quick points following release of a new methane emissions report from the Environmental Defense Fund: The paper's findings are consistent with falling emissions; technology, knowledge and industry collaboration are continuing the progress already made in cutting emissions; and a sound, accurate base of information is needed to help build an understanding of where and how more improvements in reducing emissions can be made in the future.
Posted June 21, 2018
The API Industry Outlook for the second quarter of 2018 is one of the things that’s new at API. If you follow energy markets, you’ll appreciate an incisive view of the economy at home and abroad as well as markets for crude oil, natural gas and petrochemicals.
Beyond nice-to-know “macro factors,” here are things to know and understand about trade barriers that could affect economic activity and prices where you work and live.
Posted June 18, 2018
current membership of 40 companies.
Posted June 13, 2018
The U.S. Energy Department’s latest study on the economic impacts of exporting liquefied natural gas (LNG) reaches a by-now familiar top-line conclusion: Exporting U.S. LNG is good for the economy, and those benefits will outweigh domestic cost impacts.
We say familiar, because this is the fifth DOE study on LNG exports – and the fifth to describe broad, positive economic impacts for the United States from shipping natural gas to friends and allies overseas – which should end claims that LNG exports could harm American consumers.Certainly, no one can say the issue hasn’t been thoroughly analyzed – not after five government studies and two commissioned by our industry (see here and here).