The US’s new Cabinet appointees can help the country’s energy revolution produce jobs, energy and economic growth by encouraging sensible energy policies, according to API President and CEO Jack Gerard.
‘The new Cabinet appointments will have a major impact on the game changing opportunity in the energy sector underway. Gains in oil and natural gas production will create thousands of new jobs, and help spur economic growth for a generation. Increased production in the oil and natural gas upstream and midstream sectors alone could create more than 300 000 jobs. But this could be just the beginning, if we get our energy policy right today, and, again, that’s why the president’s recent choices to lead key departments and agencies, Energy, Interior, EPA and OMB, are so critical.
‘At a time of slow economic growth, high unemployment, ever increasing deficits, and the daunting challenge of funding growing entitlements, oil and natural gas development is a can’t miss opportunity that could help grow our economy and provide thousands of good playing jobs. Ultimately, in my view, it would be unforgivable if, based on flawed science or outdated assumptions, this country were to abdicate its responsibility to future generations by missing this opportunity to lead on energy and to put control of our energy future back into our own hands.’
Adapted from press release by Claira Lloyd
Read the article online at: https://www.oilfieldtechnology.com/exploration/06032013/sensible_us_energy_policy_341/