American needs to be an "Energy Leader"

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dan_s
Posts: 34463
Joined: Fri Apr 23, 2010 8:22 am

American needs to be an "Energy Leader"

Post by dan_s »

API says natural gas, oil permitting top priority for U.S. energy security in 2023. NGI.

> The American Petroleum Institute (API) has put permitting reform at the top of the ticket for U.S. lawmakers to address in 2023 as the agency executes its plan to “make, move and improve” the oil and gas industry. “In the past year, the global energy crisis, driven by surging post-pandemic demand outstripping supply and exacerbated by Russia’s invasion of Ukraine, has shown that the world needs American energy leadership now more than ever,” said CEO Mike Sommers on the API’s 2023 State of American Energy virtual media event.

> At the event, Sommers called on the 118th Congress to lift restrictions on natural gas and oil development in federal waters to meet increasing demand in the post-Covid-19 era.

> The API, which issued a formal 2023 State of American Energy Report to accompany the event, noted that over the last 15 years, 10 major natural gas and oil infrastructure projects in Appalachia have been canceled or delayed.

MY TAKE: Washington DC needs to WORK WITH America's Energy Companies, not fight them at every turn. Our high standard of living depends on a steady supply of energy and most of it will come from oil, natural gas and coal.

Read more details of API's plan here: https://www.naturalgasintel.com/api-say ... y-in-2023/
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34463
Joined: Fri Apr 23, 2010 8:22 am

Re: American needs to be an "Energy Leader"

Post by dan_s »

World Economic Forum: What's the global energy outlook for 2023?

The world is in the midst of the first "truly global energy crisis", the International Energy Agency (IEA) said in its World Energy Outlook in October 2022. It's multidimensional - it's about more than the world's reliance on natural gas from Russia. It's about global energy security, fuelling the transition to clean energy for the climate and the interconnection between the energy crisis and food security. For the first time in a decade, the number of people without access to modern energy is growing, says the IEA. Some 75 million people who have only just got access to electricity may no longer be able to afford it, while 100 million people may need to return to cooking using biomass. In April, the Intergovernmental Panel on Climate Change (IPCC) found that meeting the Paris Agreement target of keeping warming to 1.5°C would require emissions to “peak before 2025 at the latest” and drop by 43% by 2030.
Dan Steffens
Energy Prospectus Group
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