Increasing U.S. energy production and greater efficiency combined with a heightened global demand for energy have created new and expanded opportunities for U.S. energy exports. GEI supports the preservation of trade rules that enable the robust energy partnerships among the United States, Canada, and Mexico, and provides tremendous benefit to our economic and energy security.
With oil and natural gas revenues comprising up to 40% of Russia’s federal budget, it became clear after its invasion of Ukraine that the U.S. and other countries must work to reduce purchases of oil, petroleum products, and natural gas from Russia. President Biden responded appropriately by
Yesterday, the Department of Energy released U.S. energy trade data for December 2021, giving us the first look at full year 2021 imports from Russia. With the backdrop of Russia invading Ukraine, DOE’s latest figures highlight the opportunity for domestic energy policies that strengthen U.S. energy
As more and more liquefied natural gas (LNG) facilities come online across America, we would be remiss not to give due credit to the Federal Energy Regulatory Commission (FERC). After all, it’s FERC that puts the careful work into reviewing, analyzing and ultimately approving these projects, which
The good news on energy just keeps on coming. About a month ago we told you about the latest forecast from the Energy Information Administration showing U.S. crude oil production reaching new heights in the coming years. Earlier this week the International Energy Agency (IEA) released its Oil 2019
The U.S. Chamber of Commerce opposes H.R. 948, the No Oil Producing and Exporting Cartels Act (NOPEC), which would amend the Sherman Act to waive sovereign immunity defenses that might otherwise be used to defend against antitrust claims brought before the United States courts. The U.S. Chamber is
America’s energy security risk score dropped for the sixth consecutive year in 2017, nearing the best score since 1970 according to the Global Energy Institute’s just-released 2018 Index of U.S. Energy Security Risk. The Index employs 37 different energy security metrics measuring geopolitical
Past is prologue, as they say. As we look forward to what 2019 could bring for American energy, it’s worthwhile to look back at 2018 for some hints. With that in mind, here is our “look-back preview” of eight key trends and important issues that we believe will help to shape the year ahead. American
The world is hungry for energy. The Department of Energy (DOE) projects that global energy consumption will increase nearly 30% between 2015 and 2040, driven primarily by developing countries seeking energy access to lift their populations out of poverty. One way or another, these countries are