The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

energy-policy  election  energy-exports  oil-and-natural-gas-development  security  production  vote4energy 

Mark Green

Mark Green
Posted November 3, 2015

API assembled a great panel of election/campaign experts to discuss how Election 2016 is shaping up and which issues will be salient when Americans vote a year from now. As for predicting the key issues 12 months into the future, the experts said what honest experts say: Who knows for sure? Yet, Public Opinion Strategies’ Glen Bolger no doubt was in the ballpark:

“I don’t think any one issue is going to dominate the election. … You’re going to have a number of different issues debated: foreign policy and national security being up there, the economy and jobs … Energy certainly can play a role in that, just given that it is a component of jobs and the economy. It’s a component of our national security, it’s a component of our foreign policy. I think energy will be an issue, but the question is how big.”

Great point. Energy and advancing the right policies for American energy certainly run through a number of the things Americans say they care about most: jobs, a thriving economy and safety for themselves and their families. That’s what comes through the results of a new Harris Poll of 2,800 registered voters: energy, energy, energy.

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analysis  congress  energy-policy  oil-and-natural-gas-development  access  economic-growth  jack-gerard 

Mark Green

Mark Green
Posted July 23, 2015

At an event last month, API President and CEO Jack Gerard sketched the broad outlines for a national conversation on energy, connecting energy policy with the approaching 2016 elections. It’s an appropriate linkage.

Our country has become a global energy superpower thanks largely to private innovation and entrepreneurship, which have created a generational opportunity – “the American moment,” Gerard called it. Sustaining the energy revolution requires vision, right policies and action – and the right leadership, which is why the 2016 vote matters. The energy path to help spur economic growth and prosperity and to increase national security is one that should transcend party politics.

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news  energy-policy  energy-exports  crude-oil  lng-exports  fracking  oil-and-natural-gas-production  severance-tax 

Mark Green

Mark Green
Posted May 8, 2015

The Hill: Sen. Lisa Murkowski (R-Alaska) took her biggest step to date toward a large-scale overhaul of federal energy policy on Thursday, introducing 17 bills she said could make up parts of an energy reform package this session.

The bills cover a myriad of topics, from electricity reliability to the Strategic Petroleum Reserve to the production of methane, hydropower or helium. Any of the bills could make up the backbone of a broad energy reform effort, something Murkowski, the chairwoman of the Senate Energy and Natural Resources Committee, has made one of her top priorities this session.

“Does this mean all of them are going to part of a broader bill? No,” she said at a briefing with reporters. “But does it mean these are my ideas I would like to have folks catch up on? Yes, absolutely.”

One high-profile piece of legislation missing from the slate introduced Thursday: a bill to lift the federal ban on crude oil exports. Murkowski said she will release that bill separately next week.

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ethanol  exports  energy-policy  rfs34  jobs  fracking  keystone-xl-pipeline 

Mary Leshper

Mary Schaper
Posted March 10, 2015

The New York Times op-ed (Robert Bryce): With the collapse in global oil prices, members of Congress are once again pushing to raise the federal gasoline tax, with the proceeds going to new roads, bridges and other infrastructure projects. While some in Congress might be averse to a tax increase of any kind, they might find it more palatable if it came packaged with a tax cut. Fortunately, there is a perfect option, a hidden levy that has benefited a small group of farmers and manufacturers in a handful of states: the corn ethanol tax.

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oil-and-natural-gas-development  access  president-obama  congress  energy-policy  economic-benefits  trade  regulation 

Mark Green

Mark Green
Posted February 26, 2015

The president’s Council of Economic Advisers (CEA) understands the significance of the U.S. energy revolution quite well – reflected in the energy chapter of its recent 2015 Economic Report of the President.

The chapter should be widely read by policymakers, from the president and Congress on down, because it notes the role of surging domestic oil and natural gas production in the ongoing energy revolution. From there it’s possible to identify needed policies for the future.

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american-energy  energy-policy  lng-exports  ozone  epa34  emssions  fracking  ethanol 

Mary Leshper

Mary Schaper
Posted January 30, 2015

Support for LNG exports has gained momentum on Capitol Hill, with both the House and Senate advancing legislation this week that would help expedite federal approvals for exporting our plentiful natural gas. In a Senate Energy Committee hearing yesterday, an Energy Department official told lawmakers the legislation “is a solution [the agency] will be able to comply with.” Good news as both sides of the aisle tackle vital energy issues in the 114th Congress.

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energy-policy  energy-101  trade  economy  imports  lng-exports  keystone-xl-pipeline  soae 

Mary Leshper

Mary Schaper
Posted January 7, 2015

Wall Street Journal: The U.S. trade gap narrowed in November to its lowest level in nearly a year, reflecting gyrations in the oil market that mask strong underlying domestic demand for foreign goods. The trade deficit fell 7.7% to a seasonally adjusted $39 billion in November from the prior month’s deficit of $42.25 billion, the Commerce Department said Wednesday. The reading marks the smallest deficit since December 2013. October’s deficit was revised from an initially reported $43.43 billion. The narrower trade gap could support fourth-quarter economic growth. Barclays lifted it forecast fourth-quarter gross domestic product forecast to a 3.5% gain from a 2.7% advance following the trade report. Credit Suisse moved its estimate to a 3.2% advance from 2.9%.

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american-energy  oil-and-natural-gas-development  domestic-production  energy-policy  hydraulic-fracturing  horizontal-drilling  safe-operations 

Mark Green

Mark Green
Posted January 5, 2015

We’ve got an energy revolution taking place in this country, but can we keep it going – and even better, can we increase it?

These and more will be the focus of the State of American Energy event on Tuesday from Washington D.C. You can watch the event live here beginning at 12:15 p.m. Eastern.  Join in the conversation on Twitter using the hashtag #SOAE2015.

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energy-policy  oil-and-natural-gas-development  regulation  epa34  hydraulic-fracturing  horizontal-drilling  energy-exports  keystone-xl-pipeline  proved-reserves 

Mark Green

Mark Green
Posted December 30, 2014

UPI:  House Republicans will work to create the "architecture of abundance" needed to take advantage of North American energy leadership, a lawmaker said.

The House Energy and Commerce Committee published a 105-page strategy document meant to highlight the agenda of the incoming Republican-led Congress. It says federal policies are ill-suited to develop the infrastructure needed to take advantage of the oil and gas production boost in the United States.

"Creating this architecture of abundance is slowed at every step by archaic federal rules that can cause years of delays and even block some pipeline and power line projects outright," the paper reads.

Rep. Fred Upton, the committee's chairman, said the new Congress would work to advance its blueprint when it comes into power in January.

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american-energy  energy-policy  oil-and-natural-gas-development  congress  innovation  technology 

Mark Green

Mark Green
Posted November 12, 2014

See video below of Thursday's event, hosted by The Hill newspaper, that featured discussion of the energy policy issues that are likely to be front and center in the new Congress, which will have a new Senate majority.

Discussion focused on what’s next in the energy sector – from industry in terms of innovation and other advancements that affect energy development, and from Washington policymakers on Capitol Hill and within the administration.

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