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What America is thinking on energy issues

Oilfield Technology,

70% of American voters favour increased access to US oil and natural gas resources, and similar numbers believe more oil and natural gas development would provide major benefits to the nation, including more US jobs, according to a new poll released on 18th January.

‘Voters know developing more of America’s home grown energy makes sense for our economy and our energy security,’ said API president and CEO jack Gerard. ‘Our economy will demand large amounts of oil and natural gas for at least several more decades even as the role of alternative energy increases. Common sense says we should have Americans producing that oil and gas here at home as much as possible.’

The recent API telephone poll, conducted by Harris Interactive, among 1005 registered voters found that large majorities believe that more US oil and natural gas development could lead to more American jobs (87%), help the US economy and reduce consumer energy costs (83%), increase the nation’s energy security (82%), and deliver more revenue to the government (72%). Over two thirds (70%) believe that some in Washington are intentionally delaying domestic oil and natural gas development, potentially hurting the economy and leading to higher energy costs for consumers.

The US is the world’s largest producer of natural gas and third largest producer of oil. It has very substantial reserves of both in part because of technological progress in offshore development and in the development of shale oil and natural gas onshore. 

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