The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

oil-sands  keystone-xl  energy  afl-cio 

Mark Green

Mark Green
Posted February 14, 2013

Americans want the Keystone XL pipeline built. There’s no mistaking that in polling, including a new one we’ll get into down below.

Of all the Americans who’ve waited more than four years for the president to give the full Keystone XL the go-ahead, few have more on the line than thousands of building and construction workers. For them it’s bread on the table. Sean McGarvey, president of the AFL-CIO’s Building and Construction Trade Department, talked to reporters this week about his union’s support for the project's approval:

“For the skilled craft professionals that I am privileged to represent, the past four years have not been a recession, they have been a depression. Today, the unemployment rate in the U.S. construction industry is 16 percent.”

Read More

state-of-the-union  lng-exports  keystone-xl  fracking  energy  oil34 

Mark Green

Mark Green
Posted February 12, 2013

OK, so here’s the deal: Seldom is the annual State of the Union message going to be confused with the Gettysburg Address for lyric quality. Historically, presidents use the speech to set out detailed policy agendas. As listeners seek focus during an oration that might stretch an hour or more, we’re here to help.

Read More

tax-revenues  investments  energy  earnings  access 

Mark Green

Mark Green
Posted February 11, 2013

Let’s talk oil and natural gas company earnings. Today, three charts that illustrate some of the things we’ve been saying for some time:

  • Earnings equal return on investment, which is great news for millions of Americans – the true owners of these companies. (More here from Ken P. Cohen’s Perspectives blog.)
  • Oil and natural gas companies are investing in America in a way unsurpassed by other industries.
  • America’s oil and natural gas companies pay their fair share – and more – in taxes.

Read More

oil-and-natural-gas  npr-a  keystone-xl  energy  drilling  anwr  access 

Mark Green

Mark Green
Posted February 7, 2013

On the House side, an Energy and Commerce subcommittee heard experts like Daniel Yergin describe North America’s energy resources (video here and here). Meanwhile, U.S. Sen. Lisa Murkowski of Alaska unveiled a blueprint for greater U.S. energy self-sufficiency by the year 2020. Both provided excellent data and arguments for greater domestic oil and natural gas production that will make our country stronger, more prosperous and more secure.

Read More

taxes-and-revenue  energy  economy-and-energy  access 

Mark Green

Mark Green
Posted February 5, 2013

Energy is essential to running our economy and securing our standard of living.  At a very basic level we can get the energy we need in one of three ways: 1. We can produce it domestically; 2. U.S. companies can produce it abroad for sale in the U.S.; 3. Foreign companies can produce it abroad for sale in the U.S. Two of these three ways offer a clear advantage in creating American jobs, boosting the American economy and supplying revenue to American governments.

Read More

taxes-and-revenue  energy  drilling  access 

Mark Green

Mark Green
Posted February 5, 2013

An important new analysis supports what the oil and natural gas industry has been saying for some time: Drilling on public lands now closed to development could boost U.S. employment, economic growth and revenue to federal, state and local governments over both short- and long-term horizons.

Read More

trade  natural-gas  lng-exports  energy 

Mark Green

Mark Green
Posted February 4, 2013

Why isn’t the world’s leading producer of natural gas also its leading exporter – or at least among the world’s top exporters? The answer is nearly as simple as the first two: Because so far we’re not taking full advantage of our resources by recognizing the export opportunities out there and working to supply them.

Read More

natural-gas  exports  energy  department-of-energy 

Mark Green

Mark Green
Posted December 5, 2012

Big news in a just-released study conducted for the U.S. Energy Department, which finds that allowing U.S. liquid natural gas exports would help the economy – and increasingly so as LNG exports grow. NERA Economic Consulting analyzed 16 different export scenarios, incorporating different assumptions about U.S. natural gas supply and demand and different export levels

Read More

access  domestic-energy  energy  keystone-xl 

Sabrina Fang

Sabrina Fang
Posted November 20, 2012

A giant inflatable pipeline moving down Washington’s Pennsylvania Avenue made some headlines over the weekend as opponents of the Keystone XL pipeline and oil sands sought influence over President Obama’s decision on the project, likely to be one of 2013’s most anticipated

Read More

natural-gas  lng34  keystone-xl  exports  energy-policy  energy  domestic-energy  access 

Mark Green

Mark Green
Posted November 19, 2012

We’ve been talking about energy and the president’s campaign commitment to increase domestic oil and natural gas production. There are a number of ways he can follow through – approve the full Keystone XL pipeline, open new areas for oil and gas development, rein in unnecessary federal efforts to regulate hydraulic fracturing

Read More