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.
Today Global Energy Institute President and CEO Karen Harbert testified before the U.S. House Committee on Energy and Commerce’s Subcommittee on Energy on the impact of NAFTA on North American energy. North American energy trade is a crucial and growing component of the U.S. economy thanks in part
Thank you, Chairman Upton, Ranking Member Rush, and members of the Committee. I am Karen Harbert, president and CEO of the Global Energy Institute (GEI), an affiliate of the U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million
The numbers are in from the first half of 2017, and American crude oil exports reached a record high of 900,000 barrels per day (b/d)—an increase of more than 300,000 b/d from the first half of 2016, according to the U.S. Energy Information Administration (EIA). Not only has the volume increased
This week, BP released the 66th edition of its Statistical Review of World Energy, a comprehensive and highly regarded analysis of key energy trends around the globe. While most reading this page are familiar with the major storylines in U.S. and global energy markets, BP’s report crystallizes these
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses and organizations of every size, sector, and region, as well as state and local chambers and industry associations, writes to express strong support for the proposed
America’s relatively recent energy revolution has fundamentally transformed the way we find, access, transport, and consume the energy resources that power our economy. Moving from an Era of Energy Scarcity to an Era of Energy Abundance has caught many by surprise and upended global energy markets.
Yesterday, Reuters reported that crude oil exports from the United States reached their highest level since the 1920s. Using Census Bureau export data, Reuters calculates that crude shipments averaged 662,000 barrel per day in May. The total quantity is only part of the story, however. Since the
The U.S. Chamber of Commerce, the world’s largest business federation representing the interests of more than three million businesses and organizations of every size, sector, and region, as well as state and local chambers and industry associations, writes to express strong support for the proposed
