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Energy Tomorrow's Documents
Administration Oil Strategy Contributes to Price Increases
The administration says its policies have supported more development and that oil production is rising, but most of today’s production increases relate to projects begun before it came into office as well as to what is happening on state and private lands. Moreover, from 2009 to 2011, production from federal lands and federal waters combined declined significantly for both oil and natural gas.
Category:(not categorized)Reads:5,652Uploaded:03 / 30 / 2012ShareAdd to collectionAPI Blogger Conference Call on Gas Prices - 03.26.12
API hosted a conference all with bloggers on March 26, 2012 to discuss gas prices with API Chief Economist John Felmy.
Category:SpeechesReads:368Uploaded:03 / 28 / 2012ShareAdd to collectionEnergy Myths and Facts
To find out more, visit API.org “The President’s Backward Energy Policy Won’t Lower Gasoline Prices” President: “Not only that – last year, we relied less on foreign oil than in any of the past sixteen years” Unfortunately, some of the credit for this goes to the nation’s struggling economy. The economy is requiring less oil, and less is imported as a result. Less is also imported because the industry has increased overall domestic oil production despite less production from federally managed
Category:(not categorized)Reads:909Uploaded:02 / 23 / 2012ShareAdd to collectionAPI Blogger Conference Call Transcript: 2012 State of the Union Analysis
API Blogger Conference Call Moderator: Mark Green, API Speakers: John Felmy, Chief Economist, API Brian Johnson, Senior Tax Policy Adviser, API Thursday, February 2, 2012 Transcript by Federal News Service Washington, D.C. Bloggers on the call included Bruce McQuain of Questions and Observations, Carter Wood of Business Roundtable Today, Geoff Styles of Energy Outlook, Mark Perry of Carpe Diem, Norman Leahy of Bearing Drift and Robert Rapier of R-Squared. MARK GREEN: -- Good afternoon ever
Category:SpeechesReads:461Uploaded:02 / 06 / 2012ShareAdd to collectionThe Current State of Gulf of Mexico Offshore Oil and Gas Exploration and Development
While the offshore Gulf of Mexico oil and gas industry has seen some signs of recovery from the low state it was in during the drilling moratorium, activity levels are still well below the levels seen before the Macondo incident and well below the levels of the Quest baseline forecast before the incident. From a permitting, rig, and drilling activity perspective the industry is at best flat compared to where it was before the drilling moratorium, with the growth that had been previously expected both delayed and diminished. The only industry sector seeing healthy growth is in the development of projects not dependent on further near term drilling. While this is a positive, the majority of these projects were already well in the works before the incident and are thus seeing these major equipment orders despite the moratorium.
Category:(not categorized)Reads:1,658Uploaded:10 / 03 / 2011ShareAdd to collectionAre You One in a Million?
Imagine...a million new American jobs, a million new opportunities. That’s the promise of expanding domestic access and developing our oil and natural gas resources right here in North America. With forward-thinking policies, more than a million new jobs could be created, not just in the energy industry but in other sectors as well, from logistics to research to manufacturing to retail.
Category:(not categorized)Reads:2,625Uploaded:09 / 01 / 2011ShareAdd to collectionI’m One-Canadian Oil Sands
Canadian oil sands are the second-largest proven oil reserves on Earth, and developing this resource and the infrastructure to bring this energy to U.S. consumers could support 600,000 American jobs by 2035. Thousands of skilled workers are ready to start work provided that the government issues a permit for the Keystone XL pipeline. Energy from Canada can keep driving America’s economic recovery — and provide a stable, secure energy resource for generations to come.
Category:(not categorized)Reads:1,804Uploaded:09 / 01 / 2011ShareAdd to collectionU.S. Supply Forecast and Potential Jobs and Economic Impacts (2012 – 2030)
API has requested Wood Mackenzie undertake a study which examines the energy supply, job and government revenue implications at the state and federal levels of enacting policies in the United States that encourage the development of North American hydrocarbon resources. Given the high level of unemployment and budgetary stress facing the nation, the findings of this study should be of interest to policy makers as they move forward to craft solutions to these problems. This study examines the impacts of opening access to key U.S. regions which are currently closed to development, as well as assessing a return to historical levels of development on existing U.S. producing areas (including onshore U.S. the Gulf of Mexico and Alaska). The economic impacts of the Keystone XL pipeline and other potential Canada to U.S. oil pipelines are also considered. Additionally, this report looks at the potential threats to production, jobs and government revenues associated with a continuation on the current path of an increased regulatory burden and slower permitting relative to historical levels.
Category:(not categorized)Reads:10,213Uploaded:09 / 01 / 2011ShareAdd to collectionGasoline Taxes (Combined Local, State and Federal - Cents per Gallon, May 2011
The average nationwide tax on each gallon of gasoline sold at the retail station is 49.5 cents. Of that, 18.4 cents per gallon goes to the federal government; the rest ends up in state and local coffers.
Category:Business/LawReads:2,826Uploaded:08 / 18 / 2011ShareAdd to collectionThe Key to Economic Security
Increased access to domestic oil and natural gas could generate $1.85 trillion in government revenue.
Category:(not categorized)Reads:1,253Uploaded:07 / 12 / 2011ShareAdd to collection
