The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

analysis  access  energy-exports  energy-supply  oil-and-natural-gas-development  senate  american-petroleum-institute  economic-growth 

Mark Green

Mark Green
Posted May 19, 2015

Solid bipartisan support for important energy legislation is on display in the U.S. Senate, with members of a key committee considering a number of ways to increase access to domestic supplies of oil and natural gas – as well as bills ending 1970s-era restrictions on U.S. crude oil exports.

Energy security is about having secure, reliable energy supplies to fuel broad economic expansion and create opportunity for individual Americans. When we remove outdated export restrictions, allowing U.S. energy to reach global markets, studies have detailed how domestic production will be stimulated – again, creating jobs and economic growth here at home. API Executive Vice President Louis Finkel talks about new legislation offered by Democrat Heidi Heitkamp, similar to legislation offered last week by Republican Lisa Murkowski, that would lift the crude export ban and boost U.S. energy:

“Bipartisan leadership on this issue keeps the focus on the consumers and workers that will benefit from free trade in crude oil. … Study after study shows that lifting outdated limits on crude exports will allow America to create more jobs, cut the trade deficit, grow the economy, and put downward pressure on fuel costs. Exports will help keep U.S. production strong in a tough market, and they will provide our allies with an important alternative to energy from less friendly regimes.”

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keystone-xl-pipeline  economic-benefits  jobs-creation  president-obama  canadian-oil-sands  bakken-shale  trade  infrastructure  senate  congress 

Mark Green

Mark Green
Posted January 31, 2015

The long trail of “process” excuses for not approving the Keystone XL pipeline is coming to an end.

Five U.S. State Department reviews – all of them basically saying Keystone XL won’t significantly affect the environment – done.

Public hearings – done.

A new pipeline route through Nebraska – done.

By Monday, federal agencies must weigh in on whether Keystone XL is in the national interest. It is, as we’ll get into below.

The point is, after more than six years of process and review by the White House, we’ve come to the end of the processing and the reviewing. The administration stretched to 76 months a pipeline approval process that typically takes 18 to 24 months. It turned Keystone XL into a political football, punted here and there for reasons that clearly weren’t in the national interest.

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clean-air-act  congress  domestic-energy  energy-policy  environmental-protection-agency  epa34  ghg34  ghg-emissions  greenhouse-gas  greenhouse-gas-emissions  obama-administration  over-regulation  ozone-standard  senate 

Jane Van Ryan

Jane Van Ryan
Posted November 4, 2010

Pundits and reporters today are speculating on the election results' impact on proposed environmental regulations, including the future of the Environmental Protection Agency's (EPA) plan to regulate greenhouse gas (GHG) emissions under the Clean Air Act. 

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business  domestic-energy  energy  energy-policy  environmental-protection-agency  epa34  ghg34  greenhouse-gas  greenhouse-gas-emissions  manufacturing  moratorium  over-regulation  senate  democrats  mining  senate-appropriations-committee 

Jane Van Ryan

Jane Van Ryan
Posted October 1, 2010

A group of 17 trade associations representing mining, chemicals, energy, manufacturing and business are asking key Democrats on the Senate Appropriations Committee as well as Senate Republican Leader Mitch McConnell (R-Ky.) and Senate Appropriations Committee Ranking Member Thad Cochran (R-Miss.) to support an initiative to stop or delay the Environmental Protection Agency's (EPA) proposed greenhouse gas (GHG) emission rules. In two separate letters, the trade groups, which include API, ask the senators "to pursue a moratorium on the stationary source rules...."

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congress  domestic-energy  dual-capacity  energy-legislation  energy-policy  natural-gas  section-199  senate  taxes  economic-output 

Jane Van Ryan

Jane Van Ryan
Posted September 16, 2010

This week, the American Energy Alliance issued a new report quantifying the dire impacts of proposals aimed at hiking taxes on oil and natural gas companies. 

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