The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

refineries  petroleum-products  energy-exports  canada  mexico  trade 

Mark Green

Mark Green
Posted March 22, 2017

Exports of finished petroleum products – including finished motor gasoline, propane, distillate fuel oil and others – to Canada and Mexico are a big part of the North American energy market that we posted on here, a market that is providing economic and security benefits to all three countries.

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oil-and-natural-gas  emission-reductions  blm34  regulation  methane 

Mark Green

Mark Green
Posted March 21, 2017

The Bureau of Land Management’s “venting and flaring” rule should be repealed, which we’ve urged Congress to do under the Congressional Review Act (see here, here and here). The U.S. House has voted for repeal, and the Senate shouldn’t delay in following suit. BLM’s redundant, technically flawed rule already is having negative economic impacts and could put energy production and important progress on reducing emissions at risk.

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100-days  alaska  arctic  oil-and-natural-gas  offshore-energy  onshore  anwr  npr-a 

Mark Green

Mark Green
Posted March 20, 2017

There’s great opportunity to responsibly develop Alaska’s great oil and natural gas resources. This should be guided by a forward-thinking regulatory framework that prioritizes regularly scheduled lease sales as necessary to enhance U.S. energy security and maintain America’s position as a global energy superpower.

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natural-gas  lng-exports  trade  economic-growth  us-energy-security  energy-department 

Mark Green

Mark Green
Posted March 16, 2017

The global LNG market is developing, and the spot market’s growing liquidity could favor U.S. exporters, already benefiting from abundant domestic supply and ready access to the Panama Canal. America has the natural gas and access to markets. Artificial restrictions on LNG export project development should be removed. The potential benefits to the United States are significant. 

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natural-gas  pipelines  infrastructure  electricity  new-hampshire  maine  vermont  rhode-island  connecticut  massachusetts 

Mark Green

Mark Green
Posted March 15, 2017

The solution is more natural gas pipeline capacity, by building new lines or by expanding existing ones. New England policymakers should foster infrastructure by considering fair and appropriate financing mechanisms to help pay for new projects and by working to build community support for safe and responsible project development. This is the sensible path to keep New England’s consumers from paying more than is necessary for their energy.

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100-days  natural-gas  electricity  emission-reductions  environmental-impact 

Mark Green

Mark Green
Posted March 13, 2017

American natural gas is the answer to a number of energy and climate questions. It’s generating the power we need for our homes and businesses, providing the building blocks for our manufacturing renaissance and making our nation and our allies more secure.

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exports  crude-oil-exports  lng-exports  chevron  refining-distribution 

Mark Green

Mark Green
Posted March 10, 2017

We’ve talked quite a bit about the way America’s energy renaissance is benefiting consumers, supporting the economy, strengthening our security, reducing U.S. energy-related carbon emissions to 25-year lows and bringing overseas wealth into this country through the export of crude oil and natural gas.

There’s even more: U.S. exports of refined petroleum products are soaring. Here’s a chart developed from U.S. Energy Information Administration (EIA) data, showing that exports of refined products have more than doubled in the past decade to about 3 million barrels per day…

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pipelines  north-dakota  crude-oil  bakken-shale  refineries  infrastructure 

Mark Green

Mark Green
Posted March 9, 2017

Perhaps as soon as next week, oil will begin flowing through the Dakota Access Pipeline, connecting energy-producing areas in North Dakota with refineries in Illinois. In a recent legal filing the pipeline’s builder, Energy Transfer Partners, said oil would be put in the final part of the pipeline that crosses under Lake Oahe in North Dakota next week or the week after – but most likely next week. Completion of the 1,172-mile, $3.78 billion project represents important progress on a number of fronts, including infrastructure, U.S. energy security, jobs, state and local economies and the rule of law.

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100-days  oil-and-natural-gas  access  infrastructure  investments 

Mark Green

Mark Green
Posted March 9, 2017

Put it all together and it’s critically important for U.S. policy to continue working to keep pace with America’s energy renaissance. We have the oil and natural gas reserves, the experience and the technologies to harness the country’s vast energy potential. With increased access to public reserves, a common-sense regulatory approach and a sound investment climate, America’s oil and gas companies are showing they will invest to develop the energy to fuel our economy and modern lives while strengthening our security. 

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oil-and-natural-gas  us-energy-security  economic-growth  canada  mexico 

Mark Green

Mark Green
Posted March 7, 2017

The North American energy market is progressing toward self-sufficiency in terms of liquid fuels, perhaps arriving in just a few years. According to EIA, the quantity of oil and other liquid energy sources produced by the three countries could outpace their liquid fuels consumption as soon as 2020. With liquid fuels production growing at a rate of 1 percent per year over the projection period while demand grows more slowly at 0.2 percent per year, supply can overtake demand, EIA figures (Table A21) show  – provided trade flows remain open.

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