The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

exxonmobil  energy  natural-gas  renewable-fuel  hydraulic-fracturing  emissions  climate-change 

Mark Green

Mark Green
Posted January 25, 2016

A couple of the big-picture projections in ExxonMobil’s annual global energy outlook: The world’s energy needs will grow 25 percent between now until 2040, with oil, natural gas and coal continuing to meet 80 percent of that demand.

Now, read what the energy company says about the future of natural gas:

The biggest expected growth will be in natural gas, which provides a practical energy solution for many applications while also providing a significant cost advantage versus other options to help reduce climate change risks.

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analysis  climate-change  energy-development  emissions  natural-gas-benefits  jack-gerard 

Jack Gerard

Jack Gerard
Posted September 17, 2015

Below is the first of a short series of posts on the intersection of energy development and efforts to meet climate-change goals. In this post, API President and CEO Jack Gerard comments on the Obama administration’s Clean Power Plan and its flawed approach of picking winners and losers in the energy sector.

On Monday, Aug. 3, the Environmental Protection Agency (EPA) announced sweeping new carbon regulations for power plants. By Wednesday, Aug. 5, the government announced carbon emissions from power plants in April 2015 reached a 27-year low.

Did the costly, top-down mandates of the Clean Power Plan really work that quickly? Of course not. The dramatic emissions reductions are the result of market forces that have nothing to do with heavy-handed government regulations and everything to do with the fact that the United States is the world’s leading producer of natural gas.

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news  oil-and-natural-gas-development  us-energy  bp234  oil-production  energy-exports  ethanol  climate-change  regulation 

Mark Green

Mark Green
Posted June 10, 2015

BloombergBusiness The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.

U.S. oil production (green line in chart, left) rose to a record last year, gaining 1.6 million barrels a day, according to BP Plc’s Statistical Review of World Energy released on Wednesday. Gas output also climbed, putting America ahead of Russia as a producer of the hydrocarbons combined.

The data showing the U.S.’s emergence as the top driller confirms a trend that’s helped the world’s largest economy reduce imports, caused a slump in global energy prices and shifted the country’s foreign policy priorities.

“We are truly witnessing a changing of the guard of global energy suppliers,” BP Chief Economist Spencer Dale said in a presentation. “The implications of the shale revolution for the U.S. are profound.”

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news  energy-exports  crude-oil  shale-energy  climate-change  electricity  virginia 

Mark Green

Mark Green
Posted May 28, 2015

Time: As the battle wages on in Congress over President Barack Obama’s signature trade agreements and the needed fast-track trade promotion authority (TPA), the president would be wise to consider alternatives that would enhance his trade legacy and also further our strategic priorities overseas. While energy is not included in the Trans-Pacific Partnership (TPP) or Transatlantic Trade and Investment Partnership (T-TIP) negotiations, many of the same Asian, European, and Latin American partners are calling for greater partnership with the United States on energy issues. By allowing the U.S. to become a stable source of supply to global energy markets, counteracting supply disruptions that will inevitably affect other energy-rich regions, President Obama and Congress can double down on promoting long-term economic growth and reinforcing U.S. foreign policy leadership.

The U.S. can do more with its energy resources to support this strategic vision. A direct way of leveraging this opportunity is to lift the ban on the export of crude oil and accelerate approvals for the export of liquefied natural gas (LNG). A series of policies and laws in the 1970s banned exports of U.S. crude oil with only limited exceptions. This ban is a relic from an age of energy scarcity and should be adjusted to reflect present realities. By working with Congress, and via executive order, the president can start taking steps today to boost U.S. exports.

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american-energy  policy  fracking  climate-change  gasoline-prices  new-york  keystone-xl-pipeline 

Mary Leshper

Mary Schaper
Posted January 15, 2015

President Obama is doing a two-step when it comes to fossil fuels. Obama and White House officials clear their throats by praising the oil and gas boom, and even taking a measure of credit for it, before moving on to the specific topic at hand. There has been a surge in domestic oil and gas production. Gasoline prices keep falling. The natural-gas boom has helped the manufacturing sector. And the combination of oil-production increases and low prices has boosted the U.S.'s foreign policy leverage against petro-states.

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keystone-xl  epa34  energy-policy  energy  climate-change 

John Felmy
Posted January 20, 2012

Heather Zichal, Deputy Assistant to the President for Energy and Climate Change, writes:

"But what’s abundantly clear is that there are no silver bullets when it comes to this challenge. And the idea, as some in Washington have tried to suggest, that building a pipeline is the ultimate answer to the question of American energy security and job creation is nothing more than a pipe dream. The truth is that just two of the Administration’s programs – the DOE Loan Guarantee Program and the EPA’s Mercury and Air Toxics Standards – will create more than 10 times the amount of jobs generated by the Keystone XL pipeline, which will only generate a few thousand temporary jobs."

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clean-air-act  climate-change  energy-policy  epa34  greenhouse-gas-regulations  murkowski-resolution  blm34  climate-impact  competitive-enterprise-institute 

Jane Van Ryan

Jane Van Ryan
Posted May 20, 2010

Next Tuesday, the Senate is expected to debate and vote on Sen. Lisa Murkowski's resolution of disapproval to stop theEnvironmental Protection Agency (EPA) from regulating greenhouse gas emissions (GHGs) under the Clean Air Act.

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climate-change  efficiency  epa34  greenhouse-gas-emissions  technology-innovation 

Jane Van Ryan

Jane Van Ryan
Posted March 26, 2010

While members of Congress have been considering proposals to reduce greenhouse gas emissions (GHGs), the oil and natural gas industry has been investing in technologies that have reduced GHGs from its facilities and processes. 

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climate-change  gallup-poll  global-warming  gallup-environment-poll  poll-about-environment 

Jane Van Ryan

Jane Van Ryan
Posted March 16, 2010

Americans are less worried about a series of environmental problems than at any time in the past 20 years. That's the conclusion of a new Gallup poll released today. According to the poll, Americans are least concerned about global warming and most concerned about drinking water.

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