Posted January 29, 2016
Politicians like to have visions – often broad aspirational statements that are mostly detached from any number of realities. We’re not opposed to visions per se, yet it’s good to remember a maxim that’s popular in the military: A vision without resources is a hallucination. So here’s our vision, outlined by API President and CEO Jack Gerard earlier this month:
“Energy is fundamental to our society … In this New Year let us all resolve to work together toward a shared vision of a world where everyone – without regard to zip code, state, nation, continent or hemisphere – has access to reliable, safe and affordable energy.”
This is no aspiration detached from reality. We know how to get the needed resources to actualize this vision – a market-driven, consumer-focused approach to energy policy that boosts our nation’s economy, helps the environment and benefits energy users here and around the world.
Posted January 25, 2016
Now, read what the energy company says about the future of natural gas:
The biggest expected growth will be in natural gas, which provides a practical energy solution for many applications while also providing a significant cost advantage versus other options to help reduce climate change risks.
Posted January 13, 2016
Absent from EPA’s plans was any acknowledgement that methane and carbon emissions are already down. Recognizing progress we’ve already made – and the market factors contributing to that success – is critical to avoiding costly, duplicative regulations that could undermine that progress, as well as economic growth.
Posted December 16, 2015
As winter approaches, the good news continues with the U.S. Energy Information Administration’s (EIA) Winter Fuels Outlook. Due to a “combination of warmer weather and lower fuel prices,” EIA projects household heating costs will be lower than the previous two winters.
Posted December 4, 2015
Part of the U.S. success in reducing greenhouse gas emissions is the significant drop in emissions of methane, the primary component in natural gas, from development operations. Since 2005, methane emissions from hydraulically fractured natural gas wells have plummeted 79 percent – with technology and innovation allowing industry to capture more of a product that can be delivered to consumers. This has occurred even as U.S. natural gas production has steadily climbed, thanks to shale, safe fracking and horizontal drilling.
It’s a shining chapter in a success story that shows how free market forces have taken the lead in reducing greenhouse gas emissions in this country. In turn, the U.S. is leading the world in reducing GHG emissions.
No matter. Despite these advances, EPA is proposing additional methane regulations on oil and gas wells and transmission. Unfortunately, more regulation could mean less – less fracking, less energy and, quite possibly, less progress in reducing emissions.
Posted November 16, 2015
According to data from the U.S. Energy Information Administration (EIA), increased use of natural gas – part of the abundance produced by the American energy revolution – is a big reason monthly power sector CO2 emissions in this country were near a 27-year low earlier this year. And, the United States leads the world’s top economies in reducing greenhouse gas emissions from energy.
We say this to make the point that on the eve of Paris, the United States is achieving the kinds of emissions reductions everyone else is just talking about. We have results where others have only rhetoric. As the Obama administration prepares its envoys for Paris, it has a ready-made, real-world case study in place that it should be talking about at the summit.
Posted November 13, 2015
Ethanol producers want Secretary of State John Kerry to trumpet the Renewable Fuel Standard (RFS) at the big Paris climate conference later this month. Big Ethanol says the U.S. should highlight the RFS in Paris, not hide it – referring to the fact the RFS is missing from the Obama administration’s “intended nationally determined contribution” document that outlines what the U.S. would do under the next international climate agreement.
Maybe the reason for the omission is the number of studies showing that climate and environment are worse off because of the RFS.
Posted October 6, 2015
Last month we connected he lowest pre-Labor Day gasoline prices in more than a decade with the global cost of crude oil, the main factor in prices at the pump. The U.S. Energy Information Administration (EIA) attributed crude prices, in part, with growth in global supply – due in no small part to increases in U.S. oil production. Abbreviated: Thanks, U.S. energy revolution.
Now comes EIA’s Winter Fuels Outlook, with forecasts that household heating costs will be lower than the previous two winters. Thanks again, U.S. energy.
Posted July 17, 2015
Earlier this week Climate Central posted a story on carbon dioxide emissions from power plants noting that 41 states experienced reductions from 2008 to 2013, according to a study by Ceres, the Natural Resources Defense Council, Bank of America and four large utilities.
Posted March 3, 2015