Posted September 8, 2017
With the impacts of Hurricane Irma still to be seen, today’s energy infrastructure network, innovations, technology and knowledge appear to have gained from past big-weather events allow some cautious optimism. That’s the conclusion of a pair of energy experts who briefed reporters during a conference call designed to provide context to the efforts of industry and communities to meet the challenges of a major storm.
Posted August 31, 2017
The Gulf Coast area impacted by Hurricane-Tropical Storm Harvey faces a long recovery road, with thousands displaced and so many neighborhoods and workplaces inaccessible due to floodwaters. Humanitarian relief efforts are under way, but there’s much work to be done. While Americans across the country are concerned about the human toll left by Harvey, we’re particularly mindful of thousands of colleagues in the natural gas and oil industry who work and live in affected areas. In that light, it’s a glimmer of good news that a few of the refineries forced to shut down because of the storm are starting the complex process of restarting – six as of Thursday morning, according to the U.S. Energy Department, with a combined capacity of more than 1.2 million barrels per day or about 4.2 percent of total U.S. refining capacity.
Posted June 13, 2016
We’re reaching out to our more than 50,000 Twitter followers hoping you’ll participate in our Energy & the Election: What Voters Think event. We will be releasing a new report on June 21 about voter’s opinions on energy issues and we hope you’ll engage with us online before and during the event. Here’s how:
Please submit your question to our twitter account @EnergyTomorrow or tweet using the hashtag #AskJackAPI. Submitted questions will be given to API’s President and CEO Jack Gerard at the event which will be live via webcast.
In addition, a panel featuring some of Washington's top political and public opinion analysts will discuss the critical role of energy in the economy and throughout our daily lives, and how it will shape the political landscape as the country prepares to vote in November.
Posted April 13, 2016
There’s a candidate in the 2016 campaign that’s a true unifier, a candidate reflecting the views of an overwhelming number of Americans and one that’s capable of being a sturdy bridge between Washington’s partisan interests:
As the 2016 general election campaign season approaches, API this week unveiled its energy policy recommendations for the platform-writing committees of the Democratic and Republican parties. More on these below.
First, let’s focus on the United States’ current energy reality and the once-in-a-generation opportunity the U.S. energy revolution is providing for security and prosperity, which API President and CEO Jack Gerard described as the context for industry’s platform report during a briefing and discussion event in Washington.
Posted September 23, 2015
At some point during the past seven years the Keystone XL pipeline ceased to exist only as an important project of energy infrastructure – one that could generate jobs, economic growth and strengthen U.S. energy security – and became a symbol for a narrow ideological agenda, a political football the White House has endlessly punted around to suit its own political needs. Little surprise, then, that Hillary Clinton has decided to join in the KXL kicking.
Posted September 22, 2015
Today, API released a new report on investments in greenhouse gas-mitigating measures that illustrates the oil and natural gas industry’s leadership in innovating the technologies and efficiencies to keep improving air quality. We conclude a series of posts on the intersection of energy development and climate/environmental goals (here, here and here) with a look at the new report.
Key numbers from T2 and Associates’ new report on investments in mitigating greenhouse gases (GHG) by industry include $90 billion in zero and low-carbon emitting technologies from 2000 through 2014.
Posted September 17, 2015
Below is the first of a short series of posts on the intersection of energy development and efforts to meet climate-change goals. In this post, API President and CEO Jack Gerard comments on the Obama administration’s Clean Power Plan and its flawed approach of picking winners and losers in the energy sector.
On Monday, Aug. 3, the Environmental Protection Agency (EPA) announced sweeping new carbon regulations for power plants. By Wednesday, Aug. 5, the government announced carbon emissions from power plants in April 2015 reached a 27-year low.
Did the costly, top-down mandates of the Clean Power Plan really work that quickly? Of course not. The dramatic emissions reductions are the result of market forces that have nothing to do with heavy-handed government regulations and everything to do with the fact that the United States is the world’s leading producer of natural gas.
Posted September 15, 2015
Join us Tuesday morning for a live event from Washington, D.C., that will explore the impacts of America’s crude oil exports ban on our economy, national security, foreign policy, the environment, consumers and more.
The event, hosted by National Journal and sponsored by API, is scheduled to begin at 8:45 a.m. API President and CEO Jack Gerard will introduce the event, followed by remarks from U.S. Sens. Heidi Heitkamp and John Hoeven, both of North Dakota, and Ed Markey of Massachusetts.
Posted September 4, 2015
The U.S. Energy Information Administration (EIA) reports that the average retail price for regular gasoline on Aug. 31 was $2.51 per gallon – the lowest price for the Monday before Labor Day since 2004 and 95 cents lower than the Monday before Labor Day last year. EIA explains:
Declines in crude oil prices are the main driver behind falling U.S. gasoline prices. Lower crude oil prices reflect concerns about economic growth in emerging markets, expectations of higher oil exports from Iran, and continuing actual and expected growth in global crude oil inventories.
Certainly, the global markets for a variety of commodities may be influenced by concerns, feelings and inklings of one kind or another. Let’s focus on the tangible reason EIA cites for lower global crude prices – hence, lower prices at U.S. pumps: growth in global crude oil inventories. That refers to production and supply to the market. The story behind that story is that over the past six or seven years, the United States has led the world’s top suppliers of petroleum and other liquids in production and rate of production growth.
Posted August 25, 2015
Earlier this year at the U.S. Energy Information Administration’s (EIA) annual conference in Washington, ClearView Energy Partners’ Christine Tezak described the Obama administration’s energy policy as “give a little, take a little,” further characterizing it as “transitioning from scarcity to adequacy.”
It’s accurate. Handed a generational opportunity by America’s energy revolution to advance U.S. economic and security interests, the administration has responded by alternately embracing oil and natural gas development (in limited ways) and working to corral it. Given the chance to build a comprehensive, long-term energy strategy to carry the United States safely into mid-century, the administration has played “small ball” on the energy development side while unleashing a flood of unnecessary, self-limiting proposals largely untethered to scientific and economic analysis.