The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

american-energy  infrastructure  innovation  fracking  economy  revenue  keystone-xl 

Mary Leshper

Mary Schaper
Posted February 2, 2015

Philadelphia Inquirer (Kevin Colosimo): Gov. Wolf has fulfilled a campaign promise to ban natural-gas drilling on state parklands, but he should ignore suggestions that he go further by instituting a statewide fracking ban. Simply put, a ban would kill the goose that has delivered a lot of golden eggs to the commonwealth. Consider: The natural-gas industry has contributed $34.7 billion to our economy, accounting for 5.8 percent of Pennsylvania's economic activity, according to an American Petroleum Institute study. The same study determined that the oil and natural-gas industry supports 339,000 jobs, or roughly 4.7 percent of the state's total employment. Shale development has generated more than $2 billion in state taxes, according to the state Department of Revenue.

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keystone-xl  emissions  lng-exports  economy  jobs  arctic  alaska  policy 

Mary Leshper

Mary Schaper
Posted January 29, 2015

National Journal: Over the past six years, the Keystone XL oil-sands pipeline has become a powerful symbol in the midst of a national debate over energy security and climate change. Opponents warn that construction would speed Canadian oil-sands development, which could spell "game over" for the planet. But despite its iconic status, Keystone would generate far fewer emissions than the nation's fleet of power plants, a source of emissions that the president has pledged to crack down on as part of his climate agenda.

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energy-security  economy  jobs  policies  keystone-xl  alaska  fracking 

Mary Leshper

Mary Schaper
Posted January 23, 2015

Forbes (Loren Steffy): President Obama didn’t say much about energy in his State of the Union speech Tuesday. Last year, he focused on energy issues more, and devoted much of the energy portions of his speech to natural gas.

This year, he acknowledged rising U.S. oil production and the benefits of cheap energy that have come with it, and then he made a backhanded reference to the Keystone XL pipeline.

In calling on both parties to support the infrastructure projects such as “modern ports, strong bridges, faster trains and faster internet,” he then encouraged lawmakers to pass a bipartisan infrastructure plan by saying: “So let’s set our sights higher than a single oil pipeline.”

Certainly, the Keystone pipeline has become a far greater political punching bag than a meaningful piece of infrastructure. Environmentalists have greatly exaggerated its role in climate change, and Republicans in Congress are now determined to push through legislation supporting it almost out of spite for the administration’s foot-dragging on a decision.

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american-energy  gasoline  price  fracking  keystone-xl 

Mary Leshper

Mary Schaper
Posted January 12, 2015

Bloomberg: Drivers paid an average of $2.2021 a gallon for regular gasoline at U.S. pumps last week, the lowest level for this time of year since 2009, according to Lundberg Survey Inc. Prices dropped 26.92 cents in the three-week period to Jan. 9 and are $1.14 a gallon below year-ago levels, according to the survey, which is based on information obtained at about 2,500 filling stations by the Camarillo, California-based company.

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keystone-xl  infrastructure  american-made-energy  canadian-oil-sands  economic-benefits 

Mark Green

Mark Green
Posted November 18, 2014

While the U.S. Senate fell just short of the votes needed to pass legislation advancing the long-delayed Keystone XL pipeline, the issue likely will reach President Obama’s desk when the new Congress is seated in January. API President and CEO Jack Gerard:

“Keystone XL is not going away.  The president will have to deal with it, if not now then next year – when existing bipartisan majority support for Keystone XL in both the House and Senate will only be stronger. We will work with the new Congress to focus on getting this important jobs project approved. We will not give up until the pipeline is built. The significant gains in jobs, economic growth, energy security and national security – which have been firmly established during six years of study – prove beyond any reasonable doubt that Keystone XL is in our national interest. The national interest question is the sole consideration before President Obama, and his failure to answer it is the sole factor standing between Americans and this shovel-ready infrastructure project.”

As the Keystone XL saga continues, opponents continue to offer up a familiar grab bag of myths, half-baked goods and distortions – all designed to keep the pipeline obstructed.  

Nothing new, of course. Keystone XL’s merits have been established over more than six years of close public scrutiny, including five thorough environmental reviews by the U.S. State Department – all of which have similarly concluded that the pipeline would have minimal effect on the environment and that the crude oil it will deliver to the Gulf Coast would have no material impact on U.S. greenhouse gas emissions.

The fact is Keystone XL has been studied, probed, examined, researched and analyzed like no other energy infrastructure project before it. There have been public hearings and hours of congressional debate. Through it all, Keystone XL has maintained strong support from the American people – 60 percent in a new USA Today poll.

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lng-exports  trade  economic-benefits  infrastructure  keystone-xl 

Mark Green

Mark Green
Posted May 22, 2014

Energy and economic prosperity go together – on that most Americans agree. New polling finds strong majorities ofregistered voters connect exporting natural gas and new job creation, trade deficit reduction and a stronger economy.

The results mirror findings in other recent surveys on energy infrastructure investment and construction of the Keystone XL pipeline. All together, they tell decision makers to choose pro-energy development and investment policies to put more Americans to work and to make America stronger in the world today.

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job-creation  keystone-xl  pipeline-construction  labor  oil-sands 

Mark Green

Mark Green
Posted May 16, 2014

Add the International Brotherhood of Electrical Workers (IBEW) to the list of American working men and women who want President Obama to approve the Keystone XL pipeline for construction. The Washington Examiner reports that IBEW President Edwin Hill sent letters to a number of Democratic senators, urging the pipeline’s construction. The Examiner quotes from Hill’s letter:

“At a time when job creation should be a top priority, the KXL pipeline project will put Americans back to work and have ripple benefits throughout the economy. … From pipe manufactured in Arkansas, to pump motors assembled in Ohio and transformers built in Pennsylvania, workers from all over the United States will benefit from the project. … Although America is slowly recovering from the worst recession since the Great Depression, unemployment rates remain high, especially in the construction industry.”

Americans in the construction trades look at the Keystone XL as more than a job – it’s a lifeline for people who’ve seen their work recover slowly from the recent recession.

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lng-exports  economic-growth  shale-benefits  keystone-xl  trade 

Mark Green

Mark Green
Posted May 16, 2014

Bloomberg: Dominion Resources (D) Inc.’s plan to export liquefied natural gas cleared a U.S. environmental review, a key step toward final approval as supporters in Congress seek to expedite overseas shipments of the fuel.

U.S. Federal Energy Regulatory Commission approval of Dominion’s proposed Cove Point project on Maryland’s Chesapeake Bay would have “no significant impact” on the environment, as long as proper measures are taken, the staff said today in an environmental assessment.

The full commission is scheduled to issue a final decision on Cove Point by Aug. 13. Cheniere Energy Inc. (LNG)’s Sabine Pass is the only U.S. project so far to win approval from the FERC and Energy Department.

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american-energy  energy-development  keystone-xl  economic-benefits 

Mark Green

Mark Green
Posted May 13, 2014

Opportunity, jobs, investment, economic growth – all are in the balance as America chooses it course on energy development. Thanks to the U.S. energy revolution, built on surging production of oil and natural gas from shale and other tight-rock formations, for the first time in decades Americans can choose the energy narrative instead of having it dictated to them.

These themes were highlighted during “The Great Energy Debate” hosted by Politico. With congressional mid-term elections coming this fall, the discussion is timely and so very important to what could be an historic choice.

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