Posted November 14, 2016
Lest there be any confusion about where the country stands on developing more domestic energy, Americans are casting pro-development votes each time they pull into a gasoline station to fill up and with every mile they travel. On the continued reliable availability of affordable fuel, Americans are putting on quite a display of solidarity.
Posted November 5, 2015
To a large degree, cleaner air in the United States results from innovations and improvements in transportation fuels over the past four decades. This is important, because the freedom to travel has been ingrained in the American psyche since the days when waves of westward migration began spanning the continent.
Today, Americans are used to free and independent movement, with the average person traveling more than 13,600 miles a year, according to the U.S. Department of Transportation. Meanwhile, Americans’ modern lifestyles depend on freight haulers that deliver commercial goods to the places where they live. The 4 million miles of highways and roads that make up a large portion of the U.S. transportation network serve as the country’s arterial system – and energy makes it go. Refineries supply more than 130 billion gallons of gasoline and 60 billion gallons of diesel a year to power trucks, barges, ships and trains connecting consumers with consumable goods.
The oil and natural gas industry is meeting the challenge of fueling America’s transportation needs while advancing air quality goals that benefit all Americans – by investing in cleaner, safer fuels and next-generation technologies for the future.
Posted April 2, 2015
Posted January 12, 2015
Posted October 23, 2014
On Jan. 1, California is scheduled to include gasoline, diesel and propane in its three-year-old, first-in-the-nation program that requires companies to buy carbon permits to cover their emissions of greenhouse gases. Yet a new report warns that design flaws in the cap-and-trade program could negatively impact markets that serve consumers.
Authored by Jean-Philippe Brisson, a carbon markets expert with the Latham and Watkins law firm in New York, the report commissioned by the Western States Petroleum Association (WSPA) cautions that design flaws “can result – and have resulted – in catastrophic implications for environmental markets around the globe.”
Posted June 18, 2014
Almost half of 2014 is behind us, and yet EPA still hasn’t finalized the ethanol requirements for this year. This is not a recipe for predictability and reliability in the gasoline markets, and the administration’s inability to meet the congressionally-mandated deadline of November 30th is a clear example of how unworkable the RFS is.
Posted April 11, 2014
Last month EPA implemented new gasoline regulations requiring the last microscopic bits of sulfur to be removed from fuel. The Tier 3 standard is likely to hit consumers and burden the economy while providing, at best, negligible benefit.
Writing for the Jefferson Policy Journal, Paul Driessen makes a number of important points about the potentially onerous effects of the new regulation. Driessen starts by underscoring how unnecessary the new standard is.
Posted July 30, 2013
The Energy Policy Research Foundation, Inc. (EPRINC) released a study last week highlighting the consequences of exceeding the blendwall:
“The current regulatory regime, if not reformed in some substantial manner, will likely spike gasoline prices in 2014, as federal mandates take the U.S. gasoline pool significantly above 10 percent ethanol by volume.”
The risk mentioned here isn’t coming as a surprise. We’ve described the potential consequences of the RFS and highlighted the real costs of the program here, here, and here. EPRINC’s study brings all of these problems into focus, underscoring the immediate consequences that could face consumers in 2014.
Posted June 28, 2013
There is a classic xkcd cartoon where a one of the characters says they can’t come to bed because “Someone is wrong on the internet.” Though the options for who exactly that someone was are almost unlimited, statistically there is a good chance the character was referring to Bob Dinneen. Witness this tweet:
Posted June 24, 2013
AP reports on the debate surrounding the Renewable Fuel Standard and E15 gasoline after a recent ruling by the Supreme Court. "The ever increasing ethanol mandate has become unsustainable, causing a looming crisis for gasoline consumers," API's Bob Greco said. "We're at the point where refiners are being pressured to put unsafe levels of ethanol in gasoline, which could damage vehicles, harm consumers and wreak havoc on our economy."
Houston Chronicle – Energy Surge Spreads Its Wealth Around City
Houston is arguably the center of American energy. With the surge in domestic energy, the city’s business sector – and revenues – has grown over the last few years. The Chronicle highlights the “vibrant metropolitan area.”