The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

100-days  petroleum  refineries  consumers  fuels 

Mark Green

Mark Green
Posted April 17, 2017

Every day Americans head off to work or play, use a cellphone or countless other consumer products made from petroleum, they should thank a refiner. U.S. refineries are the essential link between America’s ongoing renaissance in energy production and the actual benefits Americans enjoy from that production.

Read More

petroleum  president-obama  oil-and-natural-gas  us-energy-security  economic-benefits  access  fracking  infrastructure  vote4energy 

Mark Green

Mark Green
Posted July 6, 2016

Good to hear President Obama extolling some of the benefits of the U.S. energy revolution this week in North Carolina, starting with security and consumer benefits. Both are firmly linked to surging domestic oil production – which of course is why the United States leads the world in oil and natural gas output. The president:

“Remember when we were all concerned about our dependence on foreign oil? Well, let me tell you, we’ve cut the amount of oil we buy from other countries in half. Remember when the other team was promising they were going to get gas prices down in like 10 years? We did it. … So we have been able to shape an energy policy that’s good for families, good for your pocketbook.”

Indeed, producing more oil and gas here at home has had great impact on U.S. energy security and security overall. The United States is stronger in the world today because it is less dependent on others for imported energy. According to the U.S. Energy Information Administration (EIA), net imports stood at 4.6 million barrels of oil per day in 2015 – lower than any year since they were at 4.2 million barrels per day in 1985. EIA projects that in 2040 net crude imports will drop to about 1.5 million barrels per day.

Read More

epa-regulation  petroleum 

Mark Green

Mark Green
Posted March 4, 2014

EPA's new, stricter rule requiring refiners to remove the last bit of sulfur from gasoline very likely will impact consumers and put additional drag on the economy while providing, at best, negligible benefit. The agency’s Tier 3 rule is a prime example of an unreasonable regulatory reach – one that studies have shown will increase costs without appreciably helping the environment.

Read More

state-of-the-union  president  petroleum  natural-gas  drilling 

Mark Green

Mark Green
Posted February 13, 2013

President Obama’s State of the Union message clearly indicated he understands the role domestic oil and natural gas development can play in creating jobs and lifting the economy. Now, will he act? Will he do things to help foster an array of benefits the oil and natural gas industry can provide our country? Let’s go over what we heard Tuesday night.

The Deficit

The president: “Our work must begin by making some basic decisions about our budget – decisions that will have a huge impact on the strength of our recovery. … We are more than halfway towards the goal of $4 trillion in deficit reduction that economists say we need to stabilize our finances. Now we need to finish the job. And the question is, how?"

Read More