The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

virginia  offshore-development  economic-benefits  business 

Mark Green

Mark Green
Posted March 29, 2018

Recent analysis of the potential economic benefits of offshore natural gas and oil, finding that coastal states and the nation could see billions in annual industry spending, job creation and federal revenue sharing dollars over a 20-year period, has the attention of leaders in one of those key states – Virginia.

A group of 21 Virginia businesses, associations and other organizations have written to federal officials in support of opening more of the U.S. outer continental shelf (OCS) to safe development. The comments were filed with the Bureau of Ocean Energy Management (BOEM), which is putting together a new federal offshore leasing plan that will blueprint development from 2019-2024. 

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offshore-energy  economic-benefits  north-carolina  virginia  florida  south-carolina  georgia 

Mark Green

Mark Green
Posted March 23, 2018

Safely tapping America’s offshore natural gas and oil reserves could provide billions of dollars for the economies of coastal states – a big reason why the needs and voices across entire states, not just their coastal areas, must be considered in the offshore energy conversation.

For example, federal revenue sharing could help transform state economies by sending billions in royalties, rentals and fees to state coffers. By putting revenue-sharing programs in place – like those already working for the states of Alabama, Louisiana, Mississippi and Texas – North and South Carolina, Virginia, Florida, Georgia and other states could benefit from offshore energy development. 

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nebraska  keystone-xl-pipeline  jobs  economic-benefits 

Mark Green

Mark Green
Posted October 11, 2017

With Nebraska’s Public Service Commission nearing a decision by late next month on whether the Keystone XL pipeline is in the public interest, it’s important to connect the pipeline’s construction with the people eager to build it and their families. We talked with some of these Americans earlier this year in Omaha. 

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keystone-xl-pipeline  nebraska  jobs  economic-benefits 

Mark Green

Mark Green
Posted August 8, 2017

Keystone XL would be more than numbers. It would be paychecks to individual households in the Heartland. Those paychecks would help workers afford mortgages, groceries, their utilities and more. The project would support local stores, restaurants, hotels and other businesses – each one of those connected to the livelihoods of individual Nebraskans.

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natural-gas  infrastructure  pipelines  economic-benefits  jobs  climate 

Mark Green

Mark Green
Posted July 18, 2017

Current legislation in Congress will be a big help in advancing the energy infrastructure the United States needs to connect our nation’s vast energy wealth with those who benefit from it: individual Americans, businesses and manufacturers. The House legislation would streamline federal review and approval of natural gas pipelines by codifying and reinforcing current regulatory deadlines and by clarifying the roles of the permitting agencies that are involved in infrastructure projects.

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hydraulic-fracturing  fracking  oil-and-natural-gas  economic-benefits  emission-reductions  consumers  manufacturing 

Mark Green

Mark Green
Posted November 3, 2016

Let’s follow up on a post earlier this week on the energy stakes in next week’s election with some recent analysis by Adam Sieminski, who heads the U.S. Energy Information Administration (EIA). Speaking at a Natural Gas Roundtable event, Sieminski said that constraints on hydraulic fracturing, reducing its use, could have significant price impacts. 

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pipelines  infrastructure  labor-unions  south-dakota  economic-benefits 

Mark Green

Mark Green
Posted October 5, 2016

Our country has significant infrastructure needs. Here, the focus is on energy, but America’s roads, bridges, airports, ports and more all need attention, too. All of them – energy and otherwise – also need government approval processes that are fair and efficient so that important infrastructure projects can be built in a timely manner. 

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liquefied-natural-gas  lng-exports  economic-benefits  manufacturing  climate 

Mark Green

Mark Green
Posted October 3, 2016

As is the case with any tradable commodity, selling U.S. natural gas outside this country promotes domestic jobs and economic growth. Expanding demand for U.S. natural gas in global markets through LNG exports will result in increased domestic investment, enhanced GDP growth, rising incomes and more well-paying jobs. At the same time, U.S. LNG exports will expand global natural gas markets – enhancing U.S. influence to encourage transparency and fair market rules while strengthening relationships with our allies.

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north-dakota  pipelines  economic-benefits  infrastructure 

Mark Green

Mark Green
Posted September 14, 2016

Each job is the economic lifeline for an individual and/or family, thousands of them. Sales tax revenues reflect economic activity along the construction corridor that benefits local businesses of all kinds. Property taxes typically support schools, hospitals, emergency services and other vital public services and facilities. If you’re a resident of one of the states traversed by the DAPL, the project is valuable to your community, to you and your neighbors – and the administration’s attempt to contravene the regular, lawful order puts that value at risk.

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oil-and-natural-gas  economic-benefits  consumers  emission-reductions  climate 

Kate Wallace

Kate Wallace
Posted August 30, 2016

The United States leads the world in oil and natural gas production – and also reduction of carbon emissions. This global leadership largely results from private investment and innovation by the oil and natural gas industry, which has developed the advanced technologies needed to drive the American energy renaissance of the past decade. API President and CEO Jack Gerard discussed these issues and others during a conference call with reporters.


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