The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

natural-gas  lng-exports  trade  economic-growth  us-energy-security  energy-department 

Mark Green

Mark Green
Posted March 16, 2017

The global LNG market is developing, and the spot market’s growing liquidity could favor U.S. exporters, already benefiting from abundant domestic supply and ready access to the Panama Canal. America has the natural gas and access to markets. Artificial restrictions on LNG export project development should be removed. The potential benefits to the United States are significant. 

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oil-and-natural-gas  us-energy-security  economic-growth  canada  mexico 

Mark Green

Mark Green
Posted March 7, 2017

The North American energy market is progressing toward self-sufficiency in terms of liquid fuels, perhaps arriving in just a few years. According to EIA, the quantity of oil and other liquid energy sources produced by the three countries could outpace their liquid fuels consumption as soon as 2020. With liquid fuels production growing at a rate of 1 percent per year over the projection period while demand grows more slowly at 0.2 percent per year, supply can overtake demand, EIA figures (Table A21) show  – provided trade flows remain open.

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keystone-xl-pipeline  infrastructure  jobs  us-energy-security  economic-growth 

Mark Green

Mark Green
Posted February 17, 2017

The Keystone XL pipeline is on again. A new president with a different view of America’s energy and infrastructure needs has the project advancing again. Late last month pipeline builder TransCanada submitted a new application for a cross-border permit with the U.S. State Department. This week the company applied for route approval in Nebraska – a key step for a project that will bring hundreds of thousands of barrels of oil daily from Canada and the Bakken region in North Dakota to Gulf Coast refineries.

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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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oil-and-natural-gas  economic-growth  us-energy-security 

Mark Green

Mark Green
Posted February 4, 2017

America’s energy renaissance is the story of domestic natural gas and oil production that’s making the country stronger economically and more secure while benefiting consumers and improving the environment. A pretty good tale, indeed.

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infrastructure  pipelines  keystone-xl  us-energy-security  economic-growth  jobs 

Mark Green

Mark Green
Posted January 24, 2017

President Trump’s executive orders clearing the way to restart the Keystone XL and Dakota Access pipelines are welcome indeed. Both projects represent great opportunity for U.S. jobs, consumer benefits, economic growth and strengthened energy security. At the same time, the significance of the White House’s action goes beyond a pair of important energy projects. It’s a signal that long-needed energy infrastructure will once again be able to advance in this country – under regular-order reviews and approval processes – providing broad benefits to millions of  Americans.

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oil-and-natural-gas  us-energy-security  oil-imports  energy-exports  eia-forecast 

Mark Green

Mark Green
Posted January 6, 2017

Sometime in the mid-2020s, U.S. energy officials project, two key lines measuring energy imports and exports will cross, and the United States will have achieved something quite special – the advent of an era in which America is a net energy exporter. That’s one of the big projections contained in the U.S. Energy Information Administration’s newly released Annual Energy Outlook for 2017 (AEO2017).

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american-energy  oil-and-natural-gas  american-petroleum-institute  us-energy-security 

Mark Green

Mark Green
Posted January 4, 2017

The Twitter-sphere did a good job reflecting many of the key messages from API’s annual State of American Energy event in Washington: economic growth, jobs, collaboration, solution-finding and bipartisanship.

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state-of-american-energy  api34  oil-and-natural-gas  us-energy-security  energy 

Mark Green

Mark Green
Posted January 3, 2017

American Petroleum Institute President and CEO Jack Gerard will kick off the year’s energy policy conversation by outlining a number of top energy priorities during a speech Wednesday at API’s 2017 State of American Energy event. 

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offshore-energy  arctic  oil-and-natural-gas  us-energy-security  president-obama 

Mark Green

Mark Green
Posted December 21, 2016

We need to change our course on energy – in offshore policy and other areas – to benefit American consumers, U.S. businesses, our economy and the country’s energy security. Given the fact it takes years to realize the benefits of offshore energy development, the administration’s decision to shelve much of America’s offshore potential is devastatingly shortsighted, bordering on the irresponsible, in the face of projected increasing global demand for oil and natural gas. 

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