Production-wise, Florida is in the second tier of states in output (about 2 million barrels of oil in 2015, compared to Texas’ 1.26 billion barrels) – yet geologists believe there may be large oil and natural gas reserves on the outer continental shelf off Florida’s western coast.
According to the U.S. EIA, nearly 90% of the state is forested. Hence the nickname: the Pine Tree State. Yet, Maine is an all-of-the-above energy state – even with all those trees. Fuels from petroleum and natural gas are the next three largest energy sources, accounting for 52.8 percent of Maine’s energy use.
You might not think of Arizona as an energy state and to be sure, it ranks in the 30s in both oil and natural gas production. Arizona’s per capita energy consumption ranks 45th out of the 50 states. Yet, the state’s Palo Verde Nuclear Generating Station is the largest nuclear power plant in the country, and the state ranked second in the country in utility-scale electricity generation from solar energy.
Louisiana is a big energy producer – especially when you count oil and natural gas from the areas off the state’s coast – and it’s home to major portions of the country’s refining sector. In addition, with the lifting of the ban on crude oil exports and the opening of new natural gas liquefaction facilities, Louisiana is a hub for new U.S. energy exports.
New Jersey is a key refining state, home to three major refining facilities that make the state an important fuels distribution center on the East Coast. These refineries have benefited from the U.S. shale energy renaissance, which has provided an abundant supply of domestic crude oil for processing into a number of refined products Americans depend on every day.
Oil and natural gas industry job creation played a critical role in moving the United States out of the great recession a few years ago. And, because of energy demand growth and demographic changes on the way, our industry promises to be a leading job creator in the future.
We shouldn’t forget that America’s energy revolution – surges in domestic oil and natural gas production – is a positive development for members of the armed services. A stronger, more energy secure America that’s less dependent on imported oil, is an America that’s less impacted by energy-related tensions around the globe.
From the lights and hot water to the uniforms and television broadcasts, energy is what makes “March Madness,” well – a slam dunk. And all of it falls into what I will describe as the oil and natural gas “Final Four” bracket: arenas, transportation, materials and broadcasting.
The increased availability of affordable, reliable, cleaner-burning natural gas is a major factor in lowering consumer power costs, with more electricity generated from natural gas-fired generators than coal-fired generators during five months last year, EIA says.
The U.S. energy renaissance, which presidents and policymakers only dreamed about four decades ago, is here. Right energy policy choices can sustain and grow it, helping to ensure American economic prosperity and security for decades to come.
During this week’s State of American Energy event API President and CEO Jack Gerard described the economic and energy security gains generated by the U.S. energy revolution and the policies needed to create opportunities for the oil and natural gas industry to continue them.
Almost exactly 40 years after it was instated, the ban on crude exports has been lifted. A relic of ‘70s-era energy scarcity, the ban makes no sense now that the United States leads the world in oil and natural gas production.
With President Obama’s unfortunate decision to reject the Keystone XL pipeline, look for a number of reports and analyses advancing the notion that the president’s decision is a “stunning defeat” for our industry, Canada and members of Congress who support the project. We disagree.
“This poll shows that energy is a top issue for voters next year because it plays a key role in job creation and economic growth,” said Tracee Bentley, executive director of the CPC. “Colorado voters understand the opportunities that pro-development policies create and the need for an all-of-the-above energy policy that helps produce more domestic energy and lower energy costs for American consumers.”
Our Vote4Energy campaign started in 2012 to guide the energy policy discussion away from partisanship and political ideology and instead focus on a bright energy future benefiting all Americans.
API has a pair of new ads that drive home the economic and national security reasons for lifting America’s 1970s-era ban on exporting domestic crude oil. Check out the "national security" spot here.
America has been gifted with a renaissance in the domestic production of oil and natural gas – the drivers of our economy and our modern lives, now and in the future, thanks to abundant reserves and an innovative, technologically advanced industry.
API President and CEO Jack Gerard said offshore energy is part of a “unique American moment” – the opportunity to sustain and build on resurgent oil and natural gas production that has created jobs, spurred economic development and made the U.S. more energy secure in the world.