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The State of American Energy Report: 2012

The State of American Energy Report: 2012

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Published by Energy Tomorrow
At the start of 2012, high unemployment and stagnant economic growth continue to plague the nation. The oil and natural gas industry stands ready to address these challenges head-on by creating well-paying jobs, stimulating economic growth, and generating government revenues—all while improving America’s energy security. Thankfully, these critical goals can be achieved with sensible energy policies. That is why America’s oil and natural gas industry is eager to work with policymakers to create jobs, stimulate the economy and secure future energy.
At the start of 2012, high unemployment and stagnant economic growth continue to plague the nation. The oil and natural gas industry stands ready to address these challenges head-on by creating well-paying jobs, stimulating economic growth, and generating government revenues—all while improving America’s energy security. Thankfully, these critical goals can be achieved with sensible energy policies. That is why America’s oil and natural gas industry is eager to work with policymakers to create jobs, stimulate the economy and secure future energy.

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Published by: Energy Tomorrow on Jan 03, 2012
Copyright:Attribution Non-commercial No-derivs

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11/28/2012

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About the American Petroleum Institute (API):
 API represents nearly 500 oil and natural gas companies,leaders o a technology-driven industry that suppliesmost o America’s energy, supports 9.2 million U.S. jobsand 7.7 percent o the U.S. economy, delivers more than$86 million a day in revenue to the ederal government,and, since 2000, has invested more than $2 trillion inU.S. capital projects to advance all orms o energy,including alternatives and renewables.
 
Message rom thePresident and CEO
Te 2012 State of American Energy 
represents the oil and natural gasindustry’s perspectives on the vital issues surrounding our country’senergy policy.Tis report highlights the industry’s signicant contributions to the U.S.economy and the American way o lie, while outlining clear policy andregulatory recommendations that, i enacted, would allow the industry tocreate even more jobs, accelerate U.S. economic growth, urther strengthenour energy security, and generate additional revenues or ederal, stateand local governments. With these goals in mind, API and its member companies are committedto working with policymakers to address the nations current challenges. We look orward to another productive and successul year. Jack N. GerardPresident and CEO API

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