LIGHTS ON ENERGY

Oil and natural gas are the backbone of America's strength, providing convenience, technology and global influence. Geopolitical tensions highlight the critical role of reliable energy for national security. Short-sighted federal policies, which prioritize still-developing energy systems over proven ones, risk weakening our energy advantage, threatening jobs and national security.

There's a better way.

An all-of-American-energy approach, embracing abundant resources, ensures a future of affordable, reliable and cleaner energy.

Policymakers must promote diverse energy resources, including oil and natural gas; protect consumer choice; and prioritize affordability, reliability and sustainability.

To do this, Washington must turn its focus to energy access, national security and American infrastructure.

Let's Keep the Lights On - and move forward together.
The big picture: Americans agree - our energy solutions are right under our feet.

We have a universal need for more energy, not less. U.S. oil and natural gas must continue to play a leading role, given the demand for reliable and affordable resources that strengthen America's energy independence. To meet future global demand and ensure America retains its energy advantage, Washington must thoughtfully plan today for increased oil and natural gas production tomorrow.

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The world's population is expected to grow 20% by 2050, when oil and natural gas are projected to remain the leading energy sources. While renewable energy and other sources are growing, natural gas use in particular is essential for baseload power. It provides reliability attributes that are essential to the health of the electrical grid: generation capacity, dispatchability, ramp-up rates and more.

Consider this: We must learn from history for a strong energy future.

America's current record oil production is largely due to previous administrations' investments and supportive policies. Unfortunately, the Biden administration is doing the opposite. Restricting oil and natural gas risks creating new dependencies on unstable regions of the world and returning us to the energy scarcity we experienced half a century ago.

Offshore oil and natural gas permitting fell to a 20-year-low last year, and onshore leasing opportunities are down significantly, with Washington failing to consistently hold onshore lease sales. In FY 2022, federal onshore drilling permits fell 42% compared to FY 2021. The government's new offshore leasing program is the smallest in the program's history and has zero lease sales scheduled this year - the first year without a lease sale since the 1960s.

Additionally, government mandates affecting the vehicles Americans drive will only make our country more reliant on other nations, including China, which is the primary market for the rare earth minerals needed to manufacture electric vehicle batteries. (Meanwhile, industry innovations have helped make today's conventional vehicles run almost 99% cleaner than models decades ago).

There's a better way.

Policymakers in Washington can and should unite around American energy from diverse sources - including continued access to oil and natural gas.

  • Democrats, Republicans and Independents must come together to chart an energy future that provides reliability, fortified infrastructure and long-term security.
  • An energy policy reset in Washington is overdue - to unleash America's energy strength for greater independence and economic prosperity, now and for decades to come.

Extending those benefits and others begins and ends with reliable, affordable and cleaner energy - anchored by innovations in America's abundant oil and natural gas resources.

Let's keep the lights on with a long-term energy plan that benefits every American.
National Security Hero Image
The big picture: America is the world's leading energy producer - oil and natural gas form the bedrock of our energy advantage.

There are two big reasons to support the strong domestic production America needs to retain its energy advantage:

  • Global demand for oil and natural gas is projected to increase in the years ahead.
  • Existing wells must constantly be replaced because production from them declines naturally over time.

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America requires a diverse set of energy sources, and oil and natural gas engineers and innovators are engaged in developing and supporting them. Technologies such as wind and solar will play an increasing role; yet expert analysis demonstrates that oil and natural gas will provide foundational reliability for decades to come.

Consider this: America's energy advantage here at home also translates into support for allies abroad.

U.S. liquefied natural gas (LNG):

  • Provides supply options for America's allies - most notably to the European Union amid Russia's aggression against Ukraine.
  • Increased exports to Europe by 141% in 2022, staving off significant supply disruptions for nations that were virtually dependent on piped Russian natural gas.
  • Brings significant domestic benefits, too - increased demand spurring more energy investment, more jobs and greater economic growth for local communities.

Unfortunately, delays in federal reviews of pending LNG projects and the lack of support for future production both undermine this U.S. energy advantage and could affect America's ability to help the world.

There's a better way.

Despite growth, current policies undermine the U.S. energy advantage. America needs a path that supports LNG projects and boosts future production.

  • Federal review of LNG projects should be expedited, and policies should be enacted that support domestic natural gas production.

Environmentally, there's also an American energy advantage in driving climate progress. No nation on earth has reduced carbon dioxide (CO2) emissions more than the U.S. over the past two decades - even as America has led the world in oil and natural gas production.

Let's keep the lights on with policies that create American jobs, drive climate progress and support our allies.
American Infrastructure Hero Image
The big picture: America's oil and natural gas production is cleaner than ever. Yet Washington continues restricting necessary infrastructure investments, limiting access to energy, increasing costs and delaying technologies that could accelerate climate progress.

Modern, innovative infrastructure is critical to meeting energy needs while accelerating climate progress.

  • New pipelines would further reduce methane emissions, helping collect natural gas associated with production that otherwise might be flared for lack of additional infrastructure to take it away.
  • More infrastructure would dovetail with industry-led initiatives, such as The Environmental Partnership, which have helped reduce methane emissions intensity from production 66% in the last decade.

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Infrastructure is key to advancing lower carbon technologies, including carbon capture and developing fuel from hydrogen. Pipelines take captured carbon to safely store it away from our air and water. Hydrogen made from natural gas with carbon capture and produced from electricity and other energy sources, could eliminate 2.1 billion metric tons of greenhouse gas emissions on average annually through 2050.

America is producing oil and natural gas cleaner than ever before - as well as the products made from them. In fact, vehicles today run nearly 99% cleaner than 1970s models, thanks to improved fuels and new engine technologies. The increased use of natural gas in generating electricity is a key reason U.S. CO2 emissions have fallen to generational lows, accounting for more than 60% of CO2 emission reductions in that sector since 2005.

Consider this: America's energy success can spread across the world, helping accelerate global progress toward climate goals and alleviating energy poverty, but only if infrastructure is not needlessly delayed by bureaucratic obstacles.

At nearly every turn over the past three years, the Biden administration has erected regulatory barriers to oil and natural gas infrastructure. Increased red tape, longer government review and approval processes and unnecessary and nettlesome litigation often stand in the way of America's progress.

Without key infrastructure projects, the U.S. energy system is less able to manage the impacts of major events, such as natural disasters, or relatively minor occurrences like cold snaps – which can disrupt supply lines and cause price spikes.

The challenges extend to all energy sources:

  • Average environmental impact statement processes under the National Environmental Policy Act (NEPA) take more than four years to complete and exceed 600 pages.
  • A 2017 study found that $157 billion in energy investment was stuck in the NEPA pipeline - projects that could be meeting American's energy needs.

Pending LNG projects should be reviewed and approved in a timely way, and domestic natural gas production supported, to strengthen America's ability to assist others around the world.

There's a better way.

America needs more roads, bridges, airports, pipelines and other kinds of energy infrastructure - all negatively impacted by permitting delays and bad policies.

Smart regulation:

  • Fixes a broken federal permitting system that needlessly delays infrastructure, affecting all kinds of projects.
  • Incorporates API's standards that are adopted and used around the world for safety and operational excellence - more than 800 in total.
  • Fosters innovation in infrastructure, providing the best benefits to Americans at the lowest possible cost.
Let's keep the lights on with smart regulations that unleash America's innovation instead of erecting regulatory and other barriers.

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