On January 11, the American Petroleum Institute (API) President and CEO Mike Sommers released a new report and outlined the policies needed to make, move and improve American energy and prioritize U.S. natural gas and oil as a long-term strategic asset during API’s annual State of American Energy event.

“The state of American energy is strong and resilient,” Sommers said in his keynote address. “But we need policies to enhance the American energy supply chain and not hinder it. The State of American Energy could be much stronger through bipartisan cooperation, a reversal of rhetoric from the Administration, and serious policies that encourage investment and enable development.”

During the event, featuring API Executive Vice President and Chief Advocacy Officer Amanda Eversole, U.S. House Energy and Commerce Committee Chair Cathy McMorris Rodgers (WA-R), and U.S. Representatives Henry Cuellar (TX-D), Lizzie Fletcher (TX-D), and Mary Peltola (AK-AL- D), API announced a plan for the 118th Congress to make, move and improve America’s energy.

As consumers face growing energy costs, API urges policymakers to take a more realistic approach and ensure that American natural gas and oil are prioritized as long-term strategic assets.

The theme of the 2023 State of American Energy, “The Solution is Here,” and the new report, focus on three main components:

-- Make: Lifting restrictions on energy development in federal waters and lands could increase domestic energy production and increase investment in the U.S. economy, according to a new Rystad study.

-- Move: New pipeline infrastructure in the Northeast could add 4.6 bcf per day of natural gas and invest billions locally.

-- Improve: American energy is produced to among the highest environmental standards in the world and is leading the way to a lower-carbon future.

“We know the solution is here. Government policy must reflect our resource abundance, our ability to build, and our willingness to get better every step of the way,” Sommers concluded. “API and our industry are here for it. Ready to do the work. Ready to put in the time—this year, with this administration, with this new Congress—to craft and enact bipartisan policies to make, move, and improve American energy.”

View API’s 2023 State of American Energy digital report here and a copy of Mike Sommers’s keynote address here.

NewsClips:

-- Utility Dive: FERC Approves Transco Northeast Natural Gas Pipeline Expansion Despite Jersey Study Finding No Need [Click Here for DEP Project webpage.]

-- Marcellus Drilling News: FERC Approves Transco Northeast Expansion Natural Gas Pipeline Project   [Click Here for DEP Project webpage.]

-- PJM’s Preliminary Review Of Christmas Storm Electric Generation Failures Shows Natural Gas Units Failed To Provide Power At Over Triple The Rate Of Other Generation [PaEN]

-- PJM Interconnection: PJM Operated Reliably Throughout Winter Storm Challenges, But ‘Generator Forced Outages Were Unacceptable’

-- Post-Gazette - Anya Litvak: Christmas Holiday Freeze Froze Off Sizable Portion Of Appalachia’s Natural Gas Production Cutting Off Supply To Power Plants When They Needed It Most [Gas Generation Dropped By 22% In PJM]

-- U.S. EIA: Short-Term Energy Outlook Projects Lower Natural Gas Prices In 2023, Increased Production; Coal-Fired Generation To Fall Again, Offset By Solar, Wind

-- Reuters: U.S. Nature Gas Output To Hit Record High In 2023, Demand To Fall

-- Bloomberg: European Natural Gas Price Falls As Ample LNG Supply Outweighs Colder Weather

-- Reuters: EU Energy Regulator To Launch LNG Natural Gas Price Assessments On Fridays

-- Reuters: German Natural Gas Storage Operators Optimistic For Next Winter

-- CNN: Consumer Product Safety Commission Is Researching Gas Stove Emissions To Address Health Risks, But Has No Proceeding To Ban Stoves

-- Bloomberg: U.S. Safety Agency To Consider Ban On Natural Gas Stoves Amid Health Fears

-- Washington Examiner: U.S. Consumer Product Safety Commission Considering Ban On Natural Gas Stoves Over Health Concerns

-- The Guardian: One In 8 Cases Of Asthma In U.S. Kids Caused By Natural Gas Stove Pollution - Study

PA DEP Public Notice Dashboards:

-- Pennsylvania Oil & Gas Weekly Compliance Dashboard - Jan. 7 to 13  [PaEN]

-- PA Oil & Gas Industrial Facilities: Permit Notices/Opportunities To Comment - Jan. 14  [PaEN]

-- DEP Posted 46 Pages Of Permit-Related Notices In Jan. 14 PA Bulletin  [PaEN]

PA Oil & Gas Industry Compliance Reports:

-- PA Oil & Gas Industry Has Record Year: Cost, Criminal Convictions Up; $3.1 Million In Penalties Collected; Record Number Of Violations Issued; Major Compliance Issues Uncovered; Evidence Of Health Impacts Mounts

-- DEP Report Finds: Conventional Oil & Gas Drillers Routinely Abandon Wells; Fail To Report How Millions Of Gallons Of Waste Is Disposed; And Non-Compliance Is An ‘Acceptable Norm’

Related Articles This Week:

-- DEP Ongoing Explosion/Fire Investigation: Energy Transfer Reported An Uncontrolled Release Of Ethane For 9.5 Hours From Its Revolution Natural Gas Processing Plant In Washington County  [PaEN]

-- Guest Essay: Counties, PEMA Need To Include A Complete Vulnerability Assessment Of All Natural Gas Facilities In State, County Hazard Mitigation Emergency Plans [PaEN]

-- DEP Releases 2 More Bid Solicitations To Plug 38 Abandoned Conventional Gas Wells In Venango County At Taxpayer Expense; Average Cost To Plug $95,000  [PaEN]

-- Ohio River Valley Institute Report Shows Diversified Energy, Owner Of Over 22,500 Conventional Oil & Gas Wells In PA, May Be Financially Insolvent  [PaEN]

-- Fish & Boat Commission Investigation Of Pollution From PA General Energy Natural Gas Development Construction Site On Exceptional Value Loyalsock Creek Results In Settlement Agreement  [PaEN]

-- PJM’s Preliminary Review Of Christmas Storm Electric Generation Failures Shows Natural Gas Units Failed To Provide Power At Over Triple The Rate Of Other Generation  [PaEN]

-- EPA Invites Comments On Draft Oil & Gas Waste Injection Well Permit In Young Twp., Jefferson County; Feb. 13 Virtual Hearing Tentatively Set  [PaEN]

-- Better Path Coalition Outlines Needed Environmental, Climate Policy Changes For Incoming Shapiro Administration  [PaEN]

-- American Petroleum Institute Unveils Plan To Prioritize U.S. Natural Gas And Oil; Target Northeast U.S. For Pipeline Development  [PaEN]

-- EQT, Chesapeake, Equitrans Shale Gas Companies Announce Methane Reduction Initiatives  [PaEN]

-- Groups Host Jan. 17 Webinar On Climate & Health Impacts Of Methane Gas From Oil & Gas Operations  [PaEN]

-- FracTracker Alliance Hosts Jan. 17 Webinar On Exploring Oil & Gas Industrialization Impacts On Watersheds  [PaEN]

-- Bob Donnan’s Blog: Has Anything Changed? - Shalefield Stories, Revisiting Our Fracking Past

[Posted: January 11, 2023]

1/16/2023