Posted March 12, 2018
Certainly, Jimmie Pavelock knows what it means to serve in the community. So do members of the natural gas and oil industry. The measure of an industry or a business sector’s commitment to local communities is seen in what they do – as a corporation, or as individuals.As an industry, we recognize that strengthening the communities in which we operate – and where our employees live and raise their families alongside their neighbors – is about protecting them, providing opportunity for growth and prosperity and in lending a helping hand. It’s about contributing to the greater good.
Posted February 26, 2018
Posted February 15, 2018
Posted February 7, 2018
The broad, impactful outlines of the U.S. energy renaissance in a couple of recent data points: In November, U.S. crude oil production reached 10.038 million barrels per day – a level not seen in 50 years – largely with advanced hydraulic fracturing unlocking oil from tight-rock formations; the United States is projected to be a net exporter of energy by 2022 in most scenarios studied by the U.S. Energy Information Administration. Strong domestic production will play a major role, EIA says.We’ve arrived at this point – with significant positive implications for American security and economic growth – for a couple of reasons: vast natural gas and oil reserves and an innovative, technologically advanced industry that has been able to safely and responsibly develop those energy reserves to the benefit of American consumers, businesses and manufacturers.
Posted January 17, 2018
Posted January 9, 2018
State of American Energy 2018: API President and CEO Jack Gerard described the natural gas and oil industry as technologically advanced, innovative and forward looking – all critically important to continued delivery of the energy Americans use every day for transportation, essential consumer products, life-saving technologies and more. Our industry is up to helping Americans meet the challenges of today and tomorrow – endeavors that hinge on energy.
Posted January 3, 2017
Posted January 7, 2016
At this year’s State of American Energy event, we highlighted the impact of energy policy on the lives and livelihoods of families and businesses in every state. The connection between policy and pocketbooks is evident after a year in which Americans saved an average $550 per driver on gasoline, due largely to strong U.S. oil and natural gas production. But to maintain the economic and security benefits of America’s 21st century energy renaissance, we’ll need to make smart policy choices that increase access to energy resources, encourage infrastructure development, rein in misguided ethanol policy and curb costly, duplicative regulations.
Posted January 6, 2016
During this week’s State of American Energy event API President and CEO Jack Gerard described the economic and energy security gains generated by the U.S. energy revolution and the policies needed to create opportunities for the oil and natural gas industry to continue them.
Today let’s focus on some of the things Gerard identified as potential impediments to American energy. These include ideological opposition to progress, anti-consumer initiatives like the Renewable Fuel Standard (RFS), anti-market programs like the administration’s Clean Power Plan, government red tape and regulatory overreach.
Posted January 5, 2016
There are many ways to gauge the current strength of American energy. The U.S. is producing nearly twice as much oil as it did less than a decade ago, which, combined with natural gas output, has made America the world’s leading producer.
Yet, the real-world impact of America’s energy revolution offers a more meaningful picture. New tensions are roiling the Middle East, yet global crude markets have remained relatively calm – unimaginable a few years ago. Meanwhile, a tanker carrying U.S. crude oil left port headed for Europe – the first since the lifting of America’s 40-year-old ban on domestic exports. There’s the reach of our energy revolution.
In his State of American Energy remarks, API President and CEO Jack Gerard focused on the growth of U.S. energy and its benefits – and also the opportunity to sustain them with sound energy policies based on facts and science.