Posted April 17, 2017
Every day Americans head off to work or play, use a cellphone or countless other consumer products made from petroleum, they should thank a refiner. U.S. refineries are the essential link between America’s ongoing renaissance in energy production and the actual benefits Americans enjoy from that production.
Posted January 31, 2017
One of the most technologically advanced industries in the world, the U.S. refining sector is the essential link between America’s crude oil wealth and the fuels and countless consumer products we depend on every day.
Posted January 24, 2017
Posted November 5, 2015
To a large degree, cleaner air in the United States results from innovations and improvements in transportation fuels over the past four decades. This is important, because the freedom to travel has been ingrained in the American psyche since the days when waves of westward migration began spanning the continent.
Today, Americans are used to free and independent movement, with the average person traveling more than 13,600 miles a year, according to the U.S. Department of Transportation. Meanwhile, Americans’ modern lifestyles depend on freight haulers that deliver commercial goods to the places where they live. The 4 million miles of highways and roads that make up a large portion of the U.S. transportation network serve as the country’s arterial system – and energy makes it go. Refineries supply more than 130 billion gallons of gasoline and 60 billion gallons of diesel a year to power trucks, barges, ships and trains connecting consumers with consumable goods.
The oil and natural gas industry is meeting the challenge of fueling America’s transportation needs while advancing air quality goals that benefit all Americans – by investing in cleaner, safer fuels and next-generation technologies for the future.
Posted July 1, 2015
This weekend our country celebrates 239 years of independence, as well as our collective belief in equality and unalienable rights – enumerated in the Declaration of Independence as “Life, Liberty and the pursuit of Happiness.” Heading into Independence Day 2015, it’s fitting to draw some connections between American energy and American life, liberty and the pursuit of happiness. Today: life.
It’s hard to imagine modern life – in America or anywhere else for that matter – without liberal access to energy. It’s fundamental to sustaining life as we know it, while also providing fundamental opportunity to people across the globe for whom life is a daily struggle. Let’s take a look at some charts from Max Roser’s Our World In Data project. First is global energy use, with energy use starting to grow slowly around the 1900 and then taking off after World War II.
Posted June 12, 2015
Wall Street Journal – Low oil prices and economic growth have helped drive up consumer demand for energy across the world in 2015, the International Energy Agency said Thursday, a phenomenon seen from U.S. gasoline stations to Chinese auto dealerships.
The IEA’s closely watched oil-market report lent some support to an idea pushed by the Organization of the Petroleum Exporting Countries and other producers: that collapsing oil prices would spur more consumer demand and eventually send prices back up. The benchmark U.S. oil price hit a six-month high on Wednesday.
The IEA said world demand for oil would increase by 1.4 million barrels a day this year, 300,000 barrels a day faster than it previously forecast, to a daily average of 94 million barrels this year. Global demand in 2014 was about 92.6 million barrels a day, the IEA said.
Posted April 22, 2015
Today, the United States leads in petroleum products, refining and natural gas production, and we’re on track to lead in the production of crude oil; facts reinforced by last week’s EIA Annual Energy Outlook.
The report confirmed that our nation is more energy secure than ever before. And it said in part that domestic production of natural gas is projected to grow through 2040 eventually reaching 35.45 tcf; and domestic oil production is projected to exceed 10 mbd in a few years and remain at that level through 2030. Keeping pace with our nation’s increased development of our energy resources are the 139 operating refineries that produce more fuel than ever before and support roughly 540,000 good paying jobs and 1.9 percent of our nation’s economy.
Posted January 16, 2015
Pacific Standard magazine (PS) has an interesting longread on honeybees in its January issue. While this is not our area of expertise and we can’t judge the veracity of the entire article, there was one part that we had, unfortunately, seen before:
Over a million acres of grassland were converted to crops in five Midwestern states from 2006 to 2011, according to a study by South Dakota State University. … Across the region more than 99 percent of what was originally prairie has been converted, mostly to corn and soy for animal feed, ethanol, and sweetener … Now the entire Midwest, several beekeepers told me, has become a “corn desert.” This has wrought devastation on most anything that used to live in the fields. Monarch butterflies no longer have milkweed for laying eggs. Birds no longer have insects to eat or prairie to shelter in. Native bees are disappearing.
The years 2006 to 2011 are not a coincidence, as the Environmental Working Group (EWG) explains:
After the federal Renewable Fuel Standard was signed into law in 2007, many corn growers decided to plant corn year after year to profit from higher prices, rather than switching between corn and soybeans, for example. This transition has greatly harmed air and water quality.
And apparently bees. But not to worry, the federal government is on the case.
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.
Posted July 28, 2014
In a new update to its drilling productivity report from last week, the Energy Information Agency said North Dakota's Bakken and Texas' Permian Basin and Eagle Ford Shale are quietly generating more than a million barrels of oil per day each–comprising at least a third of total U.S. daily oil production. Shale oil drilling generated the equivalent of nearly 90 percent of the U.S.'s total energy needs in 2013, according to EIA figures.
Mark Perry, an economist at the University of Michigan and a scholar at the American Enterprise Institute, crunched the EIA's numbers even further. His analysis suggests the output of the combined three oil fields is actually exceeding 4 million bpd, which would make them the world's fifth largest oil producer by volume.
"In all of human history, there have only been ten oil fields in the world that have ever reached the one million barrel per day milestone," the economist wrote in a recent blog post. "Three of those ten are now active in the US–thanks to the advanced drilling techniques that started accessing oceans of shale oil in Texas and North Dakota about five years ago."