On March 25, 2010, API hosted 14 bloggers for a conference call about hydraulic fracturing technology and the economic importance of natural gas. API representatives Sara Banaszak, John Felmy, Stephanie Meadows, Erik Milito, Andy Radford and Richard Ranger took questions from the bloggers.
Greenhouse gas emissions from the U.S. oil and natural gas industry declined more than 48 million metric tons of carbon dioxide equivalent from 2007 to 2008, a reduction comparable to taking 9.7 million cars off the roads. Among the factors contributing to the reduction is more than $58 billion invested by the industry in low-carbon technologies from 2000 to 2008.
This diagram illustrates the process of hydraulic fracturing and how the oil and natural gas industry protects surrounding groundwater throughout the process.
America’s oil and natural gas industry is at the forefront of breakthrough technology that will help deliver the energy that Americans need today and tomorrow while also reducing the environmental impact.
More energy, good jobs and increased state revenue await Virginia if offshore Lease Sale 220 is allowed to move forward. The federal government estimates the proposed Sale 220 area contains about 130 million barrels of oil and 1.14 trillion cubic feet of natural gas. However, a study by ICF International, that takes into consideration the newest technology for finding resources, estimates that the development in federal waters offshore Virginia could produce more than half a billion barrels of oil and more than 2.5 trillion cubic feet of natural gas.
http://action.energytomorrow.org Jack Gerard, president and CEO of the American Petroleum Institute, discusses the oil and natural gas industry and its importance in job creation and the revitalization of the U.S. economy. Visit http://action.energytomorrow.org to contact Congress and call on them to develop America's vast oil and natural gas resources.
On Dec. 1, 2009, Newsweek and API cosponsored a panel discussion titled “Climate and Energy Policy: Moving?” The panel was moderated by Howard Fineman, senior Washington correspondent and columnist, senior editor and deputy Washington bureau chief of Newsweek. Panelists included Sen. Byron Dorgan (D-N.D.), Rep. Ed Markey (D-Mass.), Rep. Fred Upton (R-Mich.), Jack Gerard, president and CEO of API and Rana Foroohar, senior editor of Newsweek.
America’s oil and natural gas industry supports over 9 million jobs. One of them may be yours. Everyone is touched by America’s oil and natural gas industry. How so? Farmers use fertilizer made from natural gas. Truckers use diesel fuel to ship goods to market. And businesses rely on oil and natural gas to make and sell their products and provide their services. If you buy a loaf of bread, purchase a new electronic gadget, or drive a car, consider yourself a part of the oil and natural gas industry. From airline pilots to welders, and every job in between, we’ve all got a stake in our energy future.
http://EnergyTomorrow.org ConocoPhillips recently hosted reporters and bloggers at their Surmont facility in Alberta, Canada. At Surmont, the oil sands are too deep for mining operations, so ConocoPhillips accesses these oil sands using a process called Steam-Assisted Gravity Drainage (SAGD.) To learn more about oil sands and energy development, visit http://EnergyTomorrow.org. SAGD animation courtesy of Cenovus Energy.
API conducted a tour of oil sands development in Alberta, Canada for reporters and bloggers. At Syncrude, they learned how a form of oil called bitumen is processed into 350,000 barrels of oil per day, and about land reclamation efforts post production. To learn more about oil sands and energy development, visit http://EnergyTomorrow.org.