Remove Obstacles to American Energy

May 13, 2015

Below is an email send by Jack Gerard, President and CEO, American Petroleum Institute

U.S. energy demand is projected to grow 12 percent by 2040, while global energy needs will increase 56 percent, according to the U.S. Energy Information Administration (EIA). More than half of that demand will be met by oil and natural gas.

The more demand we can supply with U.S. energy, the better – for our economy and for our energy security. Yet federal policy seems headed in the opposite direction. Production has dropped 10 percent for oil and 31 percent for natural gas on government-controlled lands since 2010 and is off-limits entirely in 87 percent of federal offshore acreage. The following common sense policies could change that and generate significant job creation and economic growth:

 Offshore Access US Map

Seventy-seven percent of American voters support increased production of America’s oil and natural gas resources, including 92 percent of Republicans, 80 percent of Independents and 66 percent of Democrats. Policymakers should follow their lead.

Sincerely,

Jack Gerard
President and CEO
API

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