The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

trade  american-energy  fracking  exports  pipelines  small-business 

Mary Leshper

Mary Schaper
Posted February 6, 2015

Wall Street Journal: The U.S. oil boom is redrawing America’s trade picture. Petroleum imports accounted for less than 20% of the nation’s trade deficit last year, down from more than 40% only five years earlier, according to figures for 2014 released Thursday. But the overall U.S. appetite for overseas goods didn’t diminish over the period, which started with the global economy’s first full year of expansion after the 2007-09 recession. Imports of just about everything else have surged as Americans substitute other goods for foreign oil, leaving a growing trade deficit. “If we hadn’t had this oil boom I think our deficit would be lot larger than it is right now,” said IHS Global Insight economist Patrick Newport. “It’s a game-changer.”

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crude-oil  exports  infrastructure  permit-delays  regulation  education  hydraulic-fracturing  fracking  pipelines  new-york-natural-gas 

Mary Leshper

Mary Schaper
Posted January 22, 2015

The Bakken Magazine: “Do not pass Go. Do not collect $200.”

This is the dreaded phrase on the “Go to Jail Card” that you’ve likely drawn, or at least heard of, when playing the game of Monopoly. Drawing this card is an all-around bummer. You lose a chance at scooping up valuable property before others do, you don’t get to collect $200 that you might need to purchase property, and it increases the chance that you lose the game. But at least it’s just a game. Right?

Wrong. What many people probably don’t realize is that we’re in a real-life game similar to Monopoly, but this one is focused on the global oil market, not property. And, it just so happens that we’re stuck holding the “Do not pass Go” card.

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us-crude-oil-production  global-markets  shale-energy  hydraulic-fracturing  horizontal-drilling  saudi-arabia  exxonmobil  epa-regulation  pipelines  utica-shale 

Mark Green

Mark Green
Posted December 4, 2014

National Journal: World oil producers have put oil prices into a free fall, refusing to pare back global supplies in the hopes that low prices will derail the fracking-backed production boom in the U.S. and preserve OPEC's power over world energy markets.

But global analysts are skeptical that the move will work.

The basic reason: Prices remain high enough to keep pumping. "Looking out there, it seems like there's a huge amount of oil that can be produced at $60, $70 per barrel," said Michael Lynch, president of consulting firm Strategic Energy and Economic Research, referring to the prices for Brent crude oil, a global reference point.

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offshore-oil-production  gulf-of-mexico  chevron  methane-emissions  federal-revenues  access  arctic  pipelines 

Mark Green

Mark Green
Posted December 3, 2014

New Orleans Times-Picayune: After more than a decade of work and a $7.5 billion investment, Chevron has started oil and gas production at its Jack and St. Malo fields in the deepwater Gulf of Mexico. The fields are among the largest in the region, expected to produce more than 500 million barrels of oil equivalent over the next three decades.

The Jack and St. Malo fields, discovered in 2003 and 2004 respectively, are located 25 miles apart in the Walker Ridge region of the Gulf about 280 miles south of New Orleans.

Oil and gas from the fields will flow back to a single, floating production platform located between the two fields. The platform has the capacity to produce up to 170,000 barrels of oil and 42 million cubic feet of natural gas per day.

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infrastructure  pipelines  storage-tanks  fuels  oil-and-natural-gas-industry 

Mark Green

Mark Green
Posted September 26, 2014

Let’s talk energy infrastructure, focusing on the pipelines and the fuel storage and dispensing facilities in this country that keep commercial jetliners in the air and our vehicles moving on the roads and highways.

Part of that system is visible in suburban Washington, D.C., at the terminus for Kinder Morgan’s 3,100-mile Plantation Pipeline network (left) and the neighboring Newington Terminal, which API staff members toured recently.

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economy  jobs  american-energy  fracking  keystone-xl-pipeline  pipelines 

Mary Leshper

Mary Schaper
Posted September 3, 2014

Pittsburgh Post-Gazette: Two major pipeline projects are in the works to ship natural gas from the Marcellus and Utica shales to the southeastern U.S., a region with a growing appetite for natural gas.

Downtown-based EQT Corp. said Tuesday it is moving forward with its partner NextEra Energy, a Florida electric utility, to form a joint venture dubbed Mountain Valley Pipeline LLC. The partnership plans to build a 330-mile pipeline that would provide at least 2 billion cubic feet per day (Bcf/​d) of transmission capacity to the mid-Atlantic and South Atlantic regions. The project, which is now seeking firm commitments for capacity from shippers during an open season, was first announced in June, and has already gotten commitments for 1.5 Bcf/​d, EQT said.

Meanwhile, a partnership of four energy companies — Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources — also announced Tuesday a roughly $5 billion pipeline project to take about 1.5 Bcf/​d to North Carolina and Virginia. The Atlantic Coast Pipeline would span 550 miles from Harrison County, W.Va., through Virginia and then south to North Carolina.

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louisiana  oil-and-natural-gas-development  economic-benefits  fracking  pipelines  refinieries 

Mark Green

Mark Green
Posted July 17, 2014

We like to bring attention to good-news energy stories from states like North Dakota (also here and here) because the oil and natural gas development there is creating good-paying jobs for Americans, generating opportunity and lifting economies. The great news is that the benefits from the U.S. energy revolution are being felt in a number of places.

new study shows the tremendous positive impacts of energy development in Louisiana, the nation’s No. 2 crude oil producer at nearly 1.45 million barrels per day when federal offshore production is included, and No. 2 in petroleum refining capacity.

The quick story: Louisiana has embraced oil and natural gas development,  and oil and natural gas development has embraced Louisiana – with jobs, economic stimulus and revenues for state and local governments. This is clear from the study of the state impact of the oil and natural gas extraction, refining and pipeline industries by economist Loren C. Scott.

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pipelines  pipeline-construction  pipeline-safety  oil-and-natural-gas  infrastructure 

Mark Green

Mark Green
Posted April 29, 2014

Take a look at the fuels and products delivered every day by America’s sprawling network of liquid petroleum and natural gas pipelines, and you’ll develop a new appreciation for energy infrastructure: gasoline, diesel, jet fuel and other fuels and natural gas and heating oil for our homes. Plus feedstocks to make products ranging from eyeglasses to pharmaceuticals. Pipelines are integral for modern living.

That’s why API’s recently launched “Pipeline 101” website is an important resource – to better understand the need for pipelines, as well as how they work, how safe they are and more.

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pipelines  common-ground-alliance 

Mark Green

Mark Green
Posted April 1, 2014

To help mark National Safe Digging Month – designed to encourage professional excavators and homeowners alike to dial 811 before digging – we thought we’d highlight some of the FAQs from the Call811.com website.

First, a reminder that 811, the “call before you dig” service, was created to help protect everyone from unintentionally hitting underground utility lines during digging projects. Every digging job requires a call – even small ones like planting trees or shrubs. Call 811 from anywhere in the country a few days before digging, and you’ll be connected with someone who will take down details about the job or project. In a few days a locator will come at no charge to mark the approximate location of underground lines, pipes and cables.

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pipelines  pipeline-safety  jobs  economy 

Mary Leshper

Mary Schaper
Posted January 15, 2014

Some eye-popping numbers from a new report by API and the Association of Oil Pipe Lines:

  • Liquid pipeline operators delivered 14.1 billion barrels of crude oil and petroleum products by interstate pipeline in 2012

  • Liquid pipeline operators operated 185,599 miles of pipeline in 2012 including 57,051 miles of crude oil, 64,024 miles of petroleum product, and 59,853 miles of natural gas liquid pipelines

  • Liquid pipeline operators spent more than $1.6 billion on integrity management in 2012 evaluating, inspecting and maintaining their pipeline infrastructure

  • Liquid pipeline releases are down 62% from 2001 to 2012

  • Barrels released from liquid pipelines are down 47% from 2001 to 2012

  • Corrosion as a cause of releases from liquid pipelines is down 79% from 2001 to 2012

  • Third-party caused damage to liquid pipelines is down 78% from 2001 to 2012

As API Pipeline Director Peter Lidiak put it:

“Pipelines are a vital part of this nation’s infrastructure and will be critical to creating jobs, growing our nation’s economy and securing our bright energy future… Statistically, pipelines have an almost 100 percent safety record and reaching a perfect record of safety.”

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