Posted February 8, 2018
The American Coalition for Clean Coal Electricity recently posted this blog attacking natural gas as a fuel for electricity generation during winter cold snaps. It’s a familiar refrain, which we’ve refuted a number of times (including here, here and here). The fact is our nation’s electric grid is as reliable as ever, which recent data indicates. False narratives about unfounded reliability concerns – as a tool for advocating one fuel type over another – hurt efforts to improve the grid’s reliability and resilience. As for the performance of natural gas as a generating fuel during extreme cold, let’s review the record.
Posted February 7, 2018
The broad, impactful outlines of the U.S. energy renaissance in a couple of recent data points: In November, U.S. crude oil production reached 10.038 million barrels per day – a level not seen in 50 years – largely with advanced hydraulic fracturing unlocking oil from tight-rock formations; the United States is projected to be a net exporter of energy by 2022 in most scenarios studied by the U.S. Energy Information Administration. Strong domestic production will play a major role, EIA says.We’ve arrived at this point – with significant positive implications for American security and economic growth – for a couple of reasons: vast natural gas and oil reserves and an innovative, technologically advanced industry that has been able to safely and responsibly develop those energy reserves to the benefit of American consumers, businesses and manufacturers.
Posted February 2, 2018
Posted February 2, 2018
Pipelines safely connect Americans to the energy we use every day. How safe? More than 99.99 percent of the natural gas, oil and petroleum products shipped via pipelines reach their destinations safely. And while that safety record is virtually flawless, America’s pipeline operators are focused every day on getting closer to perfection – helped by ever-improving technologies, industry standards, data and proactive, 24/7 monitoring.
Posted February 1, 2018
– the most in half a century. Three big takeaways: America is stronger and our future is more secure; our industry's technologies are building a better future; and U.S. energy is in it for the long haul.
Posted January 31, 2018
Posted January 30, 2018
For the first installment of my API Chart of the Month series, let’s look at a pair of charts that show the strengthening of U.S. trade positions for petroleum – crude oil and refined products – and natural gas – supported by trade pacts such as the North American Free Trade Agreement (NAFTA). This is especially timely given the possibility trade will come up during tonight’s State of the Union address.
Posted January 29, 2018
Posted January 26, 2018
API’s Monthly Statistical Report (MSR) is a goldmine of information about our industry – and now the public can access it for free. Responding to new and evolving marketplace needs, API is now sharing the MSR free of charge on its website beginning this month. The report includes analysis of recent developments for major products, imports, refineries and inventories – accompanied by API graphs.
Posted January 25, 2018