The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

domestic-oil  exports  crude-markets  economic-benefits  production  refineries 

Mark Green

Mark Green
Posted March 27, 2015

Add the heft of Rice University’s respected Center for Energy Studies to the weight of scholarly analysis urging an end to America’s four-decades-old ban on domestic crude oil exports. In a new study, the center lays out a case for U.S. crude oil exports that builds on the findings of IHS, ICF, Brookings, the Aspen Institute/MAPI and others – saying that lifting the ban would result in significant economic and foreign policy benefits to the U.S. 

The study explains that the export ban already is presenting a “binding constraint” on the domestic market, leading to “discounted” pricing for lighter crudes produced by America’s energy revolution. It also notes that large volumes of lighter domestic crudes, in excess of what the U.S. refining sector can use, with no access to other markets, are discounted compared to global crude prices.

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natural-gas  energy-regulation  economic-impacts  domestic-oil  domestic-energy-production  access 

Mark Green

Mark Green
Posted November 29, 2012

From where he sits – literally, right across Lafayette Square from the White House – the U.S. Chamber’s Tom Donohue sees increased production of domestic oil and natural gas as the ace card in the high-stakes game policymakers are playing concerning the nation’s fiscal health

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natural-gas  energy  economic-growth  domestic-oil 

Mark Green

Mark Green
Posted January 24, 2012

News this week of increased domestic oil and natural gas production is welcome indeed – because increased production means jobs, economic growth and greater energy security for America.

That the president is calling for more American oil and natural gas, while acknowledging that the hard-working men and women of the oil and gas industry are helping lead our economic recovery is great, too. Thanks, Mr. President, for recognizing that this industry can create jobs and produce the energy to fuel our economy, while building a base for manufacturing and other industries.

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domestic-energy  domestic-production  energy-policy  state-of-the-union  domestic-oil 

Jack Gerard

Jack Gerard
Posted March 3, 2011

The American oil and natural gas industry is one of the few sectors that have remained healthy throughout most of the recent recession. We can help create the jobs Americans need and supply domestically the energy Americans use -- all while helping address federal deficits.

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aspo  domestic-energy  domestic-jobs  domestic-oil  energy  energy-return-on-investment  eroi  oil-and-natural-gas-industry  oil-production  peak-oil  hubberts-curve 

Jane Van Ryan

Jane Van Ryan
Posted October 7, 2010

The theory of Peak Oil is one of the most widely discussed--and intriguing--energy topics in the blogosphere. Simply put, the theory refers to the widely-held concept that oil is finite and production inevitably will decline, forcing major changes to our way of life, our economy, as well as the fate of humankind worldwide. The theory is attributed to M. King Hubbert, an oil company geologist, who created a graph called Hubbert's Curve predicting a sharp decline in oil production near the beginning of the 21st Century. 

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citizen-rallies  congress  de-facto-moratorium  deepwater-drilling-moratorium  domestic-energy  domestic-oil  energy-citizens  energy-policy  gulf-of-mexico  jobs-rallies  moratorium  offshore-drilling  offshore-oil  offshore-rig  oil-and-natural-gas  shallow-water-drilling20170719t150143  drilling-rig  energy-workers  mexico 

Jane Van Ryan

Jane Van Ryan
Posted September 15, 2010

I've got an important question for anyone in the administration who's willing to comment on this blog: Can you explain why the U.S. government is loaning money to Mexico to drill in the Gulf while imposing a drilling moratorium here? 

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