Energies Media
  • Magazine
    • Digital Magazine
    • Digital Magazine Archive
  • Features
  • Upstream
  • Midstream
  • Downstream
  • Renewable
    • Solar
    • Wind
    • Hydrogen
    • Nuclear
  • People
  • Events
  • Advertise
No Result
View All Result
Energies Media
No Result
View All Result

Oil and Gas Industry Continues to Build on Environmental Progress, While Supporting Economic Recovery and Increasing Energy Security

by Energies Media Staff
April 23, 2021
in News, Oil and Gas News, Press Release
Oil and Gas Industry Continues to Build on Environmental Progress, While Supporting Economic Recovery and Increasing Energy Security
Baker Hughes

Oil Companies Cut Millions in Wrong Places as Clean Energy Reshapes Industry

Texas Consultancy Develops AI to Address Project Challenges in the U.S. Energy Sector

Austin, Texas – Initially introduced in 2019, the radical “Green New Deal” policy was pushed to eliminate U.S. greenhouse gas emissions within a decade and transition the economy completely away from fossil fuels. Despite ultimately being dismissed by elected officials on both sides of the aisle, Democratic legislators, including Representative Alexandria Ocasio-Cortez (D-NY) and Senator Ed Markey (D-MA), reintroduced their resolution on Tuesday, including a set of aggressive climate goals intended to transform the U.S. economy. The announcement was timed to coincide with President Joe Biden’s Leaders Summit on Climate and Earth Day, both occurring this week. The following statement can be attributed to Ed Longanecker, president of the Texas Independent Producers and Royalty Owners Association (TIPRO). 

“Once again, this non-binding resolution, and variations of it, fails to address the massive spending, economic fallout and negative impact on both energy and national security that would result from such measures. Supporters of the Green New Deal also continue to avoid acknowledging the successful efforts by the U.S. oil and natural gas industry reducing energy emissions through voluntary actions, innovation, collaboration and the investment of literally hundreds of billions of dollars in greenhouse gas mitigating technologies throughout the oil and gas value chain. Domestic producers have announced aggressive goals and investment and will continue to prioritize these important efforts.  

As a result of this ongoing commitment and voluntary actions, methane emissions from oil and natural gas systems are down 23 percent since 1990, according to 2020 data from the EPA’s Inventory of U.S. Greenhouse Gas Emissions and Sinks. Also, since 2005, total U.S. GHG emissions have dropped by 12 percent and total GHG emissions from fossil fuel combustion have decreased nearly 15 percent. No other nation has cut carbon dioxide (CO2) emissions more than the U.S. since 2000. The increased use of market-competitive natural gas is also a key reason U.S. energy-related CO2 emissions are at their lowest levels in a generation.   

The oil and natural gas industry is leading in groundbreaking technologies positioned to reduce greenhouse gases, including large-scale commercial carbon capture, use and storage (CCUS), direct air capture, air to fuels, fuel cells and more. Furthermore, participants of the Texas Methane & Flaring Coalition (TMFC), a voluntary coalition of companies and organizations including TIPRO focused on improving the energy industry’s environmental performance, are collaborating on solutions to minimize flaring and methane emissions. Oil and gas producers and energy companies of all sizes are also taking action through other programs and initiatives to continue to achieve comprehensive environmental goals. 

Despite this progress, recent executive actions taken by the Biden Administration, and unrealistic policy proposals like the “Green New Deal,” threaten our nation’s economic recovery and energy security. These measures will do nothing to slow global demand for oil and gas, and will ultimately result in our country becoming more reliant on foreign sources of energy, while ceding our leadership on energy production to other countries that do not have the same environmental standards as the U.S.   

As we all celebrate Earth Day and the unprecedented benefits provided by domestic production of oil and gas, let’s pause the politically-driven rhetoric and find a path to work together on common goals, including protecting the environment. energy security, economic expansion and job creation. Experts from every energy sector deserve to be involved in decision-making that will shape our energy future.” 

Additional Facts:

  • According to TIPRO’s analysis, upstream employment in Texas continues to improve along with commodity prices and global demand, with an increase of over 5,000 direct jobs in this sector in the first quarter of 2021 compared to the fourth quarter of 2020. Despite a decline in oil and gas extraction jobs during this timeframe, the support activities sector added over 9,000 direct positions in Texas.
  • TIPRO workforce trends data and analysis show 30,645 total job postings for the Texas upstream sector between January 2021 to March 2021, of which 4,184 were unique. These numbers give a Posting Intensity of 7-to-1, meaning that for every 7 postings there is 1 unique job posting. This is higher than the Posting Intensity for all other occupations and companies in the region (5-to-1), indicating that upstream companies may be trying harder to hire for this position. The average number of unique job postings for the first quarter of 2021 was 2,948, an increase of over 200 positions compared to the fourth quarter of last year.
  • Halliburton Company had the highest number of unique job postings (838), followed by Occidental Petroleum Corporation (350), during this timeframe. Houston ranked number one for top cities by unique job postings (1,416), with Midland coming in second (370). The top occupation was Heavy and Tractor-Trailer Truck Drivers (210 unique postings), followed by Maintenance and Repair Workers (165 unique postings).
  • The Texas rig count, another key indicator of economic activity and status of the oil and gas industry, increased to 217 in the first quarter of 2021, compared to 162 in the fourth quarter of 2020, and 116 in the third quarter of last year. Current data for April has the total Texas rig count at 254. This upward trend is expected to continue as economic conditions and global demand for oil and natural gas improve in the coming months.

The Texas Independent Producers & Royalty Owners Association (TIPRO) is a trade association representing the interests of nearly 3,000 independent oil and natural gas producers and royalty owners throughout Texas. As one of the nation’s largest statewide associations representing both independent producers and royalty owners, members include small businesses, the largest, publicly-traded independent producers, and mineral owners, estates, and trusts. TIPRO membership provides networking and educational forums, marketing opportunities, industry intelligence, and extensive legislative and regulatory resources.

Author Profile
Energies Media Staff
Website
Author Articles
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    Drones
    September 8, 2025
    Revolutionizing Renewable Energy with Advanced Drone Technology
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    Global Shale Oil and Gas Landscape Set for Growth Beyond US
    August 26, 2025
    Global Shale Oil and Gas Landscape Set for Growth Beyond US
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    E-Fuels
    August 13, 2025
    2nd Annual World E-Fuels Summit
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    What Happens to Solar and Wind Systems During Natural Disasters?
    August 6, 2025
    What Happens to Solar and Wind Systems During Natural Disasters?
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    ship on body of water at night
    August 1, 2025
    Industry leaders to speak at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference 2025
  • Energies Media Staff
    https://energiesmedia.com/author/oilmanwp/
    ROGII and NRGX Technologies Ltd. Partner to Deliver Seamless LAS Data Integration for Upstream Workflows
    July 31, 2025
    ROGII and NRGX Technologies Ltd. Partner to Deliver Seamless LAS Data Integration for Upstream Workflows
LNG
ADIPEC

In This Issue

Energies Media Summer 2025

ENERGIES Media (Summer 2025)


The Hidden Value in Waste Oil: A Sustainable Solution for the Future


ENERGIES Cartoon (Summer 2025)


Letter from the Managing Editor (Summer 2025)


Bringing Safety Forward in Offshore Operations


Why Energy Companies Need a CX Revolution


Dewey Follett Bartlett, Jr.: Tulsa’s Champion of Independents


Meeting Emergency Preparedness and Response Criteria


Moving Energy Across Space and Time


U.S. Oil Refineries Face Critical Capacity Test Amid Rising Demand


Energies Media Interactive Crossword Puzzle – Summer 2025


NeverNude Coveralls: A Practical Solution for Everyday Dignity


Maximizing Clean Energy Tax Credits Under the Inflation Reduction Act


How to Deploy Next-Gen Energy Savers Without Disrupting Operations

E-Fuels
Expo
  • Terms
  • Privacy

© 2025 by Energies Media

No Result
View All Result
  • Magazine
    • Digital Magazine
    • Digital Magazine Archive
  • Features
  • Upstream
  • Midstream
  • Downstream
  • Renewable
    • Solar
    • Wind
    • Hydrogen
    • Nuclear
  • People
  • Events
  • Advertise

© 2025 by Energies Media