API introduces plan for US domestic energy and economic security

Jack Gerard, President and CEO of the American Petroleum Institute, presented remarks to reporters on June 8 outlining a new API campaign aimed at educating policymakers and the public about the role the US oil and natural gas industry could play in strengthening the nation’s economy and energy security.

He presented a blueprint that shows the United States could meet 92% of its liquid fuel demand from secure sources by 2030, assuming appropriate policy changes:

‘With unemployment at 9.1% and our government running annual deficits well above US$ 1 trillion, effective action on the economy has rarely been needed more. Our industry can help by doing what we do best: develop oil, natural gas and other forms of energy.

‘We’re launching a campaign this week that will educate people about the key role we can play. It will outline a plan that would create jobs, increase revenue for our government, help support America’s retirees, and enhance our energy security. Our campaign will include digital outreach, grassroots advocacy, new economic research, and online and print advertising.

‘We’re calling the plan ‘Keys to the Future.’

‘The first phase of the campaign will focus on energy security. We are presenting an analysis that shows the United States could meet 92% of its liquid fuel demand from secure sources by 2030.’

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/15062011/api_introduces_plan_for_us_domestic_energy_and_economic_security/