American Petroleum Institute (API) Senior Economic Advisory, Rayola Doughter, has said that the Energy Outlook, released on 5th December by the Energy Information Administration (EIA), adds to the growing chorus that predicts increased domestic energy production and could make America a global energy giant in just a few short years.
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‘Today’s EIA report affirms that the US can use its ample supply of oil and natural gas to be a world leader in energy. We have an unprecedented opportunity to create millions of new jobs and generate hundreds of billions of dollars for our government. But, in order to move forward with this remarkable opportunity, we must avoid public policies that raise taxes, impose burdensome and unnecessary regulations, or pit one energy source against another.’
Edited from press release by Claira Lloyd.