The People of America's Oil and Natural Gas Indusry

Energy Today - April 22, 2011

Rayola Dougher

Rayola Dougher
Posted April 22, 2011

New York Times: State Regulators List 33 Ways EPA Rules Aren't Working: If the administration is going to strip away some red tape, as President Obama said when he penned an executive order telling federal agencies to get rid of ineffective and outdated regulations, one group of top state officials has 33 good places for U.S. EPA to start. The executive order, which was signed in January, asked the members of the public to air their grievances. So far, EPA alone has received nearly 1,500 comments on its rules, which have been placed under a microscope on Capitol Hill as Republicans have advanced the argument that regulations are the reason the economy has been slow to recover from the woes that began when the financial sector nearly collapsed three years ago. Politico: Look to Natural Gas to Revive Economy: In short, we need to change the way we transport goods and use energy. The federal government has to establish a national energy policy focused on domestic sources and innovation in the private sector. U.S. natural gas reserves offer a substantial opportunity for rebuilding our economy and increasing our energy security with a clean and sustainable domestic fuel...The U.S. has an abundance of natural gas, and recent developments in extracting gas from shale deposits mean we could soon be an exporter --even if we increase domestic demand. Embracing this clean-burning fuel has tremendous potential for creating jobs and enhancing our energy future.

Pal-Item: American Energy is Solution to America's Energy Crisis: Producing more of our own energy here at home will help to provide the United States with the independence it needs while creating jobs, providing a cleaner environment and strengthening national security...Unfortunately the president does not seem to share this view. Under his administration, there is a de facto moratorium on oil exploration in the Gulf of Mexico. The United States has a drilling ban off both coasts, on Alaska's continental shelf and in the Arctic National Wildlife Refuge. Yet, on his trip to South America last month, President Barack Obama told Brazilian leaders that the United States would stand at the ready to assist the country of Brazil in helping develop its oil reserves, adding that when Brazil is "ready to start selling, we (the United States) want to be one of your best customers."

Additional Resources:

The Hill's Congress Blog: Policy Post-Macondo: A Year of Living Dangerously

Bloomberg: U.S. Fuel Demand Climbed in March, First Quarter, API Reports

ABOUT THE AUTHOR

Rayola Dougher is senior economist at The American Petroleum Institute (API), where she analyzes information, manages projects and develops briefing materials on energy markets and oil industry policy issues. She is the author or co-author of economic research studies covering a diverse range of topics including crude oil and petroleum product markets, gasoline taxes, energy conservation and competition in retail markets. In addition to testifying before federal and state legislators, she has participated in numerous newspaper, radio and television interviews on a wide range of issues affecting the oil industry, including crude oil and gasoline prices, industry taxes and earnings, exploration and production, and refining and marketing topics.

Prior to joining API, Rayola worked at the Institute for Energy Analysis where her research focused on carbon dioxide related issues and international energy demand and supply forecasts. Rayola holds a Masters degree in Economic Development and East Asian studies from the American University and a degree in History and Political Science from the State University of New York at Brockport.