The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

natural-gas-benefits  emission-reductions  consumers  renewable-energy 

Mark Green

Mark Green
Posted March 15, 2018

By now I hope you’ve seen API’s new national TV ad that is air during NCAA basketball tournament games, touting the benefits of U.S. natural gas. The ad’s message is as clear as America’s air: Thanks to increasing use of clean, affordable natural gas, U.S. emissions of carbon dioxide from electricity generation – a major source of the greenhouse gas – are at their lowest level in 25 years. That’s an amazing development for a couple reasons.


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hydraulic-fracturing  oil-and-natural-gas  public-health 

Mark Green

Mark Green
Posted March 15, 2018

We’ve seen this movie before: Anti-natural gas and oil advocates put out a “study” or a “report” linking cancer, asthma, low birth weights and (fill in the blank) to industry operations. Scare headlines follow – with truth, as it so often does, lagging behind.

Frequently, the methodologies used in these studies lead to flawed or flimsy conclusions. For example, it’s poor methodology to confuse health effects correlation with causation. Correlation is two things occurring side by side; causation is proving scientifically that one caused the other.

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crude-oil  oil-markets 

Dean Foreman

Dean Foreman
Posted March 15, 2018

The U.S. Energy Information Administration (EIA) recently noted that for the first time in since 2008, S&P 500 Index’s implied volatility briefly surpassed that of crude oil in February. In this context, “volatility” is a measure of the rate and magnitude of variations in prices. EIA’s observation could be important if it suggests stock prices are about to fall, like they did during the 2008-2009 financial crisis.

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everything 

Mary Leshper

Mary Schaper
Posted March 12, 2018

College basketball’s big event tips off this week in arenas across the country, all leading up to the NCAA Championship game April 2 in San Antonio. Along the way, underdogs will show some bite and favorites will fall, busting brackets all across the country. Enjoy!

Through it all, one of the MVPs won’t be a star on the tournament’s top-seeded team or someone who hits a buzzer-beater that takes “Cinderella” deep into the Big Dance. The unsung MVP during the madness that is the NCAA tournament will be natural gas and oil.  

Let’s look at a number of the roles petroleum plays in almost every aspect of this great game and event.

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community  safety-standards  safe-operations  workforce  state-of-american-energy  stem 

Mark Green

Mark Green
Posted March 12, 2018

Certainly, Jimmie Pavelock knows what it means to serve in the community. So do members of the natural gas and oil industry. The measure of an industry or a business sector’s commitment to local communities is seen in what they do – as a corporation, or as individuals.

As an industry, we recognize that strengthening the communities in which we operate – and where our employees live and raise their families alongside their neighbors – is about protecting them, providing opportunity for growth and prosperity and in lending a helping hand. It’s about contributing to the greater good.

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liquefied-natural-gas  lng-exports  innovation  trade 

Dean Foreman

Dean Foreman
Posted March 12, 2018

Low U.S. natural gas prices have spurred liquefied natural gas (LNG) exports and major petrochemical projects that have become a springboard for U.S. jobs, wages, housing, education and services – everything that comes with major new capital projects and their broad-based boost to the economy. An important corollary is that U.S. technological innovation is translating into innovative business practices that are helping to increase the global trade, volumes and liquidity of natural gas markets while also advancing environmental goals by reducing greenhouse gas emissions in the power sector. 

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offshore 

Mark Green

Mark Green
Posted March 9, 2018

When we talk about America’s offshore energy potential, we refer to the natural gas and oil reserves on the outer continental shelf (OCS), which the United States could harness for its strategic energy needs and long-term national security.

Yet, as four new regional studies for the Atlantic, Pacific, Eastern Gulf and Alaska OCS areas show, offshore development also could bring significant economic benefits to coastal states and the nation – in jobs and in-state spending by industry, as well as revenues from production royalties, lease bids and rental income that the federal government could share with individual states.

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natural-gas  electricity  cera 

Mark Green

Mark Green
Posted March 8, 2018

The CERAWeek conference turned its attention to the nation’s electricity system, with lots of talk about renewables, power storage, wholesale markets and the like. Most interesting was Federal Energy Regulatory Commissioner Rob Powelson’s calling out of states that have adopted or are considering anti-natural gas policies. Check it out in my latest CERAWeek update.

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cera  natural-gas  infrastructure 

Mark Green

Mark Green
Posted March 7, 2018

U.S. Energy Secretary Rick Perry has, well, energy. Lots of it.

The secretary kicked off natural gas day at the CERAWeek conference with a robust affirmation of the benefits of the American energy renaissance before a room filled with people largely responsible for bringing it about.

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women-in-energy-industry 

Tracee Bentley

Tracee Bentley
Posted March 7, 2018

What if I told you that this year’s International Women’s Day theme, #PressforProgress, fits perfectly with the gains that women have made in the natural gas and oil industry? While it’s true that too often I am one of a few women in the room at industry events, that paradigm is shifting.

Here’s the good news: Nearly half of women employed in the industry work in management and professional jobs, a number that is expected to grow through 2035. The growing numbers of women in natural gas and oil are encouraging, but it’s not enough.

According to a recent API study, the industry must do more to raise awareness of industry opportunities for women and minorities, who are expected to fill nearly 40 percent of the 1.9 million natural gas and oil job opportunities through 2035. This isn’t just a feel-good sentiment, our industry’s ability to continue to grow and innovate depends on our ability to attract women and minorities to our ranks.

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