Skip to main content

Energy industry as a key job driver

Hydrocarbon Engineering,


API President and CEO Jack Gerard told attendees at a Vote4Energy event in Washington DE that America’s oil and natural gas resources could put millions of Americans to work and help sustain a strong economy for generations.

Comments

Investing more in American energy can transform our ecoomy,’ said Gerard. ‘We’ve already witnessed a massive first instalment of job creating projects in places like Pennsylvania, North Dakota and Texas, but far more job growth is possible if we had more regulatory certainty and less red tape. Getting energy policy right is key to facilitating greater job creation.’

A panel at the API event examined how energy can help the US economy, including the potential impacts of unconventional oil and natural gas development reported on in a new study API helped commission. The study, which was conducted by HIS Global Insight, concluded that unconventional oil and gas development could generate more than US$ 5.1 trillion in added investment through 2035, producing 3.5 million jobs and US$ 2.5 trillion in revenue for government.

‘America will need more energy, including more oil and natural gas and more renewables. It has vast amounts of oil and gas within its own borders and the capital, technology and best practice to produce them in an environmentally responsible fashion. Most Americans support more development,’ said Gerard.

Adapted from press release by Claira Lloyd.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/26102012/api_on_energy_industry_jobs/

You might also like

The Hydrocarbon Engineering Podcast - Education and training for every phase of the insulating system design process

In this episode of the Hydrocarbon Engineering Podcast, Brandon Stambaugh, Owens Corning Director for Technical Services, joins us to discuss engineers’ demand for education and training to support the critical phases that affect the performance and longevity of insulating systems.

Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.

Apple Podcasts  Spotify Podcasts  YouTube

 
 

Embed article link: (copy the HTML code below):