API’s Jack Gerard Congratulates Secretary Jewell on Her Senate Confirmation
“Domestic oil and natural gas production supports millions of jobs and generates billions of dollars in government revenue every year, but we could do so much more with the right policies. Regulatory uncertainty, slow permitting, and restricted access to energy resources on federally-controlled land all prevent the U.S. from achieving its full energy potential. We look forward to working with Secretary Jewell with the hope of addressing these issues and helping the president follow through on his commitment to a true all-of-the-above energy approach.”
API is a national trade association that represents all segments of America’s technology-driven oil and natural gas industry. Its more than 500 members – including large integrated companies, exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms – provide most of the nation’s energy. The industry also supports 9.2 million U.S. jobs and 7.7 percent of the U.S. economy, delivers $85 million a day in revenue to our government, and, since 2000, has invested over $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.
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