The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

trade  canada  oil-and-natural-gas  mexico  economic-growth  us-energy-security 

Mark Green

Mark Green
Posted June 22, 2017

With public hearings planned next week on the North American Free Trade Agreement (NAFTA), let’s review some of important reasons that any modernizing of NAFTA – as has been broached by the administration – must retain critical provisions supporting and growing North American energy integration, interdependence and energy security. This is fleshed out in API’s official NAFTA comments, submitted to U.S. Trade Representative Robert E. Lighthizer last week. 

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offshore-energy  oil-and-natural-gas  arctic  gulf-of-mexico  atlantic-ocs  us-energy-security  access 

Mark Green

Mark Green
Posted April 28, 2017

America’s future energy security – which figures so prominently in the nation’s overall security – is the big winner in President Trump’s newest executive order that aims to increase access to U.S. offshore oil and natural gas reserves. While new energy development in the Arctic, Atlantic and other areas would be down the road, Washington clearly is signaling its new embrace of America’s offshore potential. For the world’s leading producer of oil and natural gas, that’s a big step forward. 

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natural-gas  lng-exports  trade  climate  us-energy-security 

Mark Green

Mark Green
Posted April 26, 2017

The Trump Administration issued its first LNG export approval, with the Energy Department authorizing the Golden Pass project in Texas to export up to 2.21 billion cubic feet per day to non-Free Trade Agreement countries. It’s a big step forward for the joint venture between ExxonMobil, ConocoPhillips and Qatar Petroleum, which filed its original application with DOE in August 2012 and expects the project to support 45,000 jobs over five years and 3,800 permanent jobs over the next 25 years of operation.

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keystone-xl  pipelines  infrastructure  jobs  economic-growth  us-energy-security 

Mark Green

Mark Green
Posted March 24, 2017

With the Trump administration making good on its pledge to expeditiously approve the Keystone XL pipeline, we can look at the project for what it would be – a significant piece of North American energy infrastructure that holds the promise of supporting broad economic growth and strengthening American energy security. 

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natural-gas  lng-exports  trade  economic-growth  us-energy-security  energy-department 

Mark Green

Mark Green
Posted March 16, 2017

The global LNG market is developing, and the spot market’s growing liquidity could favor U.S. exporters, already benefiting from abundant domestic supply and ready access to the Panama Canal. America has the natural gas and access to markets. Artificial restrictions on LNG export project development should be removed. The potential benefits to the United States are significant. 

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oil-and-natural-gas  us-energy-security  economic-growth  canada  mexico 

Mark Green

Mark Green
Posted March 7, 2017

The North American energy market is progressing toward self-sufficiency in terms of liquid fuels, perhaps arriving in just a few years. According to EIA, the quantity of oil and other liquid energy sources produced by the three countries could outpace their liquid fuels consumption as soon as 2020. With liquid fuels production growing at a rate of 1 percent per year over the projection period while demand grows more slowly at 0.2 percent per year, supply can overtake demand, EIA figures (Table A21) show  – provided trade flows remain open.

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keystone-xl-pipeline  infrastructure  jobs  us-energy-security  economic-growth 

Mark Green

Mark Green
Posted February 17, 2017

The Keystone XL pipeline is on again. A new president with a different view of America’s energy and infrastructure needs has the project advancing again. Late last month pipeline builder TransCanada submitted a new application for a cross-border permit with the U.S. State Department. This week the company applied for route approval in Nebraska – a key step for a project that will bring hundreds of thousands of barrels of oil daily from Canada and the Bakken region in North Dakota to Gulf Coast refineries.

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100-days  lng-exports  crude-oil-exports  economic-growth  us-energy-security 

Mark Green

Mark Green
Posted February 13, 2017

A new era of U.S. energy exports is under way. The United States started freely trading crude oil in January 2016, following congressional legislation to end a 1970s-era ban on exports. The same month the first cargo of U.S. LNG produced from shale left Cheniere Energy’s Sabine Pass export terminal. Last month, export volumes from Sabine Pass reached a record 1.476 billion cubic feet of gas equivalent, according to Platts Analytics. Exports of LNG and crude oil both offer multiple economic benefits.

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oil-and-natural-gas  economic-growth  us-energy-security 

Mark Green

Mark Green
Posted February 4, 2017

America’s energy renaissance is the story of domestic natural gas and oil production that’s making the country stronger economically and more secure while benefiting consumers and improving the environment. A pretty good tale, indeed.

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infrastructure  pipelines  keystone-xl  us-energy-security  economic-growth  jobs 

Mark Green

Mark Green
Posted January 24, 2017

President Trump’s executive orders clearing the way to restart the Keystone XL and Dakota Access pipelines are welcome indeed. Both projects represent great opportunity for U.S. jobs, consumer benefits, economic growth and strengthened energy security. At the same time, the significance of the White House’s action goes beyond a pair of important energy projects. It’s a signal that long-needed energy infrastructure will once again be able to advance in this country – under regular-order reviews and approval processes – providing broad benefits to millions of  Americans.

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