The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

100-days  lng-exports  crude-oil-exports  economic-growth  us-energy-security 

Mark Green

Mark Green
Posted February 13, 2017

A new era of U.S. energy exports is under way. The United States started freely trading crude oil in January 2016, following congressional legislation to end a 1970s-era ban on exports. The same month the first cargo of U.S. LNG produced from shale left Cheniere Energy’s Sabine Pass export terminal. Last month, export volumes from Sabine Pass reached a record 1.476 billion cubic feet of gas equivalent, according to Platts Analytics. Exports of LNG and crude oil both offer multiple economic benefits.

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energy-exports  lng-exports  trade  economic-growth 

Mark Green

Mark Green
Posted January 25, 2017

American energy also should be able to reach new markets abroad. Freely trading U.S. crude, LNG, petrochemicals and finished products made from petroleum and natural gas is key to strengthening U.S. competitiveness around the globe, economic growth and domestic energy production.

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oil-and-natural-gas  exports  lng-exports  domestic-energy-production  fracking  shale-energy 

Mark Green

Mark Green
Posted December 7, 2016

It’s hard to overstate the importance of America’s fracking-led energy renaissance – to our economy, individual households, energy security, the environment and to America’s ability to shape global events for the good. That last point is being underscored right now.

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lng-exports  russia 

Mark Green

Mark Green
Posted November 16, 2016

With legislation to streamline and expedite approvals for U.S. LNG export projects pending in Congress, the U.S. ambassadors of Lithuania, the Czech Republic, Estonia, Hungary, Latvia, Poland and Slovakia wrote to congressional leaders this week, urging action. From their letter to House Speaker Paul Ryan (letters also were sent to Senate Majority Leader Mitch McConnell, Senate Minority Leader Harry Reid and House Minority Leader Nancy Pelosi):

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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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maryland  lng-exports  natural-gas  vote4energy  states2016 

Mark Green

Mark Green
Posted September 29, 2016

An all-of-the-above energy narrative is playing out in Maryland – as it is in the country at large. The United States is the world’s leading producer of oil and natural gas, fuels that are complemented by coal, nuclear, solar, wind and other renewable energy sources.  It’s an approach that serves the nation well and should be supported by pro-development policies

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lng-exports  trade  economic-growth  emission-reductions  security 

Mark Green

Mark Green
Posted September 21, 2016

With environmentalists attacking a provision in pending energy legislation that would boost the competitiveness of U.S. liquefied natural gas (LNG) exports, now’s a good time to review the reasons to expedite federal approval of LNG export projects in this country.

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oregon  vote4energy  natural-gas  lng-exports  states2016 

Mark Green

Mark Green
Posted August 20, 2016

Even in a big hydroelectric power-producing state like Oregon, petroleum-based fuels play an important energy role. Hydro accounted for 55.5 percent of the state’s net electricity generation in 2015 and supplied 34 percent of the energy Oregonians used in 2014 – the largest single energy source. Yet, combined fuels from oil and natural gas supplied 54.5 percent of the energy the state used. By itself, natural gas supplied 23 percent of the energy the state consumed.

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liquefied-natural-gas  lng-exports  trade  us-energy-security  fracking  infrastructure 

Mark Green

Mark Green
Posted August 2, 2016

Gaining strength is the argument that the United States should move as expeditiously as possible on liquefied natural gas (LNG) export infrastructure that would help secure America’s place in the emerging global LNG market.

The added heft is seen in two ways. First, the initial U.S. shipment of LNG passed through the newly expanded Panama Canal last week, underscoring a point made in this postthat the widened canal will shorten voyage times from U.S. LNG export facilities on the Gulf Coast to Asia and the western coast of South America, boosting the competitiveness of U.S. suppliers. Reduced voyage time means quicker turnaround times, leading to better service and a boost to U.S. competitiveness.

Secondly, an International Energy Agency (IEA) report projects the U.S. will become the world’s third-largest LNG supplier in five years, behind Qatar and Australia. 

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liquefied-natural-gas  lng-exports  infrastructure  economic-benefits  trade 

Mark Green

Mark Green
Posted July 5, 2016

newly expanded Panama Canal is open for business.

It’s noteworthy, as federal official say, that the enlarged canal can handle the vast majority of the world’s liquefied natural gas (LNG) tankers while significantly shortening travel time and transportation costs for U.S. LNG suppliers to key overseas markets. This is huge for U.S. LNG exports, offering another strong argument for swifter federal approval of pending LNG export projects.

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