The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

offshore-access  oil-and-natural-gas-development  regulation  seismic-survey  leasing-plan  economic-growth  outer-continental-shelf 

Mark Green

Mark Green
Posted June 16, 2014

With the Interior Department turning its attention to the next five-year offshore leasing plan, here’s a figure to keep in mind: 87 percent. That’s how much of our federal offshore acreage is off limits for energy development – and it’s costing us energy, jobs and economic growth.

Andy Radford, API senior policy advisor, set out some of the arguments for increasing access to energy reserves in the next five-year leasing plan during a conference call with reporters.

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offshore-access  north-carolina  seismic  economic-growth  oil-and-natural-gas-industry 

Mark Green

Mark Green
Posted May 5, 2014

The waters off states along the Mid-Atlantic coast may hold significant new reserves of oil and natural gas, which is why the federal government should allow safe seismic testing on the outer continental shelf (OCS) there. Determining the resource base would clear the way for leasing, exploration and development that would mean jobs, revenue for government and more energy for America.

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offshore-access  offshore-energy  offshore-lease  jobs  economy  revenue  outer-continental-shelf  energy-security 

Mary Leshper

Mary Schaper
Posted December 5, 2013

America’s vast offshore energy reserves present an opportunity to improve our economy, increase our energy security and create tens of thousands of jobs. According to a new study, opening the U.S. Atlantic Outer Continental Shelf (OCS) to offshore oil and natural gas development could turn that opportunity into reality. API’s Director of Upstream Erik Milito and the National Ocean Industries Association’s Randall Luthi outlined the study for reporters today. Milito:

“Oil and natural gas production off our Atlantic coast is a potential gold mine. Developing oil and natural gas in the Atlantic could put hundreds of thousands of Americans to work, make us more energy secure, and bring in needed revenue for the government. But none of these benefits will appear unless the federal government follows pro-development energy policies.”

According to the study, oil and natural gas development in the Atlantic OCS between 2017 and 2035 could:

  • Create nearly 280,000 new jobs along the East Coast and across the country.
  • Result in an additional $195 billion in new private investment.
  • Contribute up to $23.5 billion per year to the U.S. economy.
  • Add 1.3 million barrels of oil equivalent per day to domestic energy production, which is about 70 percent of current output from the Gulf of Mexico.
  • Generate $51 billion in new revenue for the government.

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offshore-access  offshore-energy-development  regulatory-system  outer-continental-shelf 

Mark Green

Mark Green
Posted November 26, 2013

API is partnering with the National Ocean Industries Association and the Independent Petroleum Association of America in an effort to warn of a provision in a water development bill (S.601) that could limit future offshore oil and natural gas activity.

In a letter to members of a House-Senate conference committee considering the legislation, the three groups cite a portion of the bill that would create a National Endowment for the Oceans – which the groups argue could result in “additional and unnecessary authority over ocean resources.” The groups write that regulations already exist to manage those resources.

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offshore-access  offshore-development  american-energy  economy  jobs  gulf-leases  revenue 

Mary Leshper

Mary Schaper
Posted October 22, 2013

Domestic oil and natural gas development is a key driver of America’s economy and global energy security, API’s director of upstream and industry operations Erik Milito told reporters yesterday. Access to offshore resources currently off-limits in the Atlantic, Pacific and Eastern Gulf of Mexico  could supply even more of the energy and jobs Americans need. Milito:

“Americans are eager to put more of our offshore energy resources to work. If exploration and development is allowed to safely expand to new areas, domestic oil and natural gas could provide more energy, jobs and government revenue than ever before.”

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energy-101  hydraullic-fracturing  keystone-xl  oil-sands  shale-benefits  lng34  lng-exports  offshore-development  offshore-access 

Mary Leshper

Mary Schaper
Posted July 8, 2013

Reason - The Top Five Lies About Fracking

 Science writer Ronald Bailey highlights five falsehoods about hydraulic fracturing, from flaming faucets to water contamination. “Over 500,000 gas wells are currently operating in the United States,” Bailey writes. “Most of them manage to avoid blowing up houses, poisoning drinking water, making it hard to breathe, causing cancer...”

 Fuel Fix Blog – Oil to Flow Through Keystone XL’s Southern Leg This Year

 While the northern leg of the pipeline is going on five years waiting on approval from the Obama administration, the southern portion of the project is nearing completion. By the end of the year, the pipeline is expected to carry up to 700,000 barrels of oil per day from Cushing, Okla., to the coast of Texas.

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drilling  offshore-access  offshore-drilling  virginia-offshore-drilling 

Mark Green

Mark Green
Posted April 26, 2013

Take a look at the map below, one we’ve used before to show the vastness of America’s offshore oil and natural gas reserves – the overwhelming majority of which (in red) that’s off-limits for development.

offshore access

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domestic-energy  jack-gerard  revenues  state-of-american-energy  government-revenues  offshore-access 

Jane Van Ryan

Jane Van Ryan
Posted January 4, 2011

In today's episode, I interview API President and CEO Jack Gerard about his "State of American Energy" speech. He stressed the need for sensible policies that create jobs, generate government revenue, and strengthen U.S. energy security. 

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