Making the right energy choices
API President Jack Gerard called on the administration and Congress to start making the right choices on energy if they want to put the nation on track for more economic growth and job creation.
鈥榃hile we have abundant resources, and the ability to access those resources safely, responsibly, and with care for the environment, the US seems to lack one thing: the political will to act,鈥� Gerard said in remarks delivered on 18th January at the US Energy Association鈥檚 8th annual State of the Energy Industry Forum in Washington D.C. 鈥榃hen it comes to domestic resources, what we hear and what we see from the current administration are often two different things.鈥�
鈥業nstead of encouraging production of more of the nation鈥檚 energy, putting people to work and raising revenue, administration decisions on access and permitting are taking us down the wrong track,鈥� Gerard said. 鈥楾hese decisions are discouraging oil and natural gas development, including development of the nation鈥檚 vast shale gas reserves. The administration has also put the brakes on the nation鈥檚 biggest shovel ready project, the Keystone XL pipeline, which could create 20 000 jobs in two years and connect US refineries to increased supplies of secure Canadian crude oil,鈥� he said.
Gerard said that API will encourage voters to 鈥榤ake energy a ballot box issue鈥� this election year through its 鈥榁ote4Energy鈥� campaign. The campaign will include advertising, activation of API鈥檚 10 million strong plus grassroots organisations, meetings with union and other groups, rallies and speaking with thought leaders and policy makers.
鈥業f we have the political will to access more domestic oil and natural gas, there will be more jobs (1 million of them in just 7 years), and more revenue for all levels of government,鈥� Gerard said. 鈥業n our national poll of registered voters conducted last month, 70% agreed that some in Washington are delaying development of domestic oil and natural gas, which could hurt our economy and lead to higher energy costs for consumers.鈥�
Read the article online at: /business-news/19012012/making_the_right_energy_choices/
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