News

01.18.17

Without More Pipelines, Scary Economic Scenarios Become Real

Energy costs are "affordable" up until a certain point. That tipping point, experts agree, is when costs exceed 6 percent of a household's income.

 

01.16.17

Coal lost hold as dominant energy source in 2016

Nuclear power accounted for the third largest share of electricity generation in 2016, at 20 percent. Renewables, like wind and solar power, accounted for only 8 percent, although they were the fastest growing energy sources.

 

01.13.17

Embrace and Harness the U.S. Energy Renaissance

[A] sea-change is needed in the way Washington approaches American oil and natural gas abundance. It's critically important for consumers, the U.S. economy and our country's security.

 

01.06.17

U.S. gasoline prices in 2016 were the lowest since 2004

U.S. regular retail gasoline prices averaged $2.14 per gallon (gal) in 2016, 29 cents/gal (12%) less than in 2015 and the lowest annual average price since 2004. Lower crude oil prices in 2015 were the main cause of lower gasoline prices.

 

01.05.17

EIA: US to become net energy exporter in outlook to 2050

According to the US Energy Information Administration's Annual Energy Outlook 2017, the US will become a net energy exporter in most cases as petroleum liquid imports fall and natural gas exports rise.

 

01.05.17

Infrastructure crisis is a golden opportunity

As veterans, we know that some of our brothers and sisters in uniform struggle to find purpose or a new career after their separation from the military. The fact is that veterans have the skills and background necessary to do these jobs... We can hit both proverbial birds with this infrastructure improvement stone.

 

01.04.17

API: Energy is everything

The American Petroleum Institute's (API) 2017 State of American Energy report made a clear statement: energy is everything.

 

12.31.16

Animated map shows all the major oil and gas pipelines in the U.S.

The United States is the world's largest consumer of oil, using more than 19.4 million barrels a day in 2015. This high level of consumption wouldn't be possible without the 2.5 million mile network of pipeline used to transport the fuel from its source to the market.

 

12.22.16

Obama Bans Future Oil Leases in Much of Arctic, Atlantic

President Barack Obama on Tuesday (Dec. 20) designated the bulk of U.S.-owned waters in the Arctic Ocean and certain areas in the Atlantic Ocean as indefinitely off limits to future oil and gas leasing.

 

12.16.16

ExxonMobil's energy outlook projects population, economic growth to drive energy demand

Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are all expected to contribute to energy demand growth of about 25 percent from 2015 to 2040, according to ExxonMobil's 2017 Outlook for Energy: A View to 2040.