U.S. oil and natural gas companies continue to lead in investing in the domestic economy, with five companies among the Progressive Policy Institute’s top 25 in 2014 U.S. capital expenditures.
API has a pair of new ads that drive home the economic and national security reasons for lifting America’s 1970s-era ban on exporting domestic crude oil. Check out the "national security" spot here.
Some quick points from the new crude oil exports study from the U.S. Energy Information Administration (EIA).
Late last week the Obama administration gave the go-ahead for limited domestic crude oil exports to Mexico, a positive move on oil exports – yet one that immediately underscores this question: Why stop there?
At an event last month, API President and CEO Jack Gerard sketched the broad outlines for a national conversation on energy, connecting energy policy with the approaching 2016 elections.
Keystone XL promises to bring similar economic benefits and greater U.S. energy security as we strengthen our partnership with Canada, America’s No. 1 source of imported oil.
America has been gifted with a renaissance in the domestic production of oil and natural gas – the drivers of our economy and our modern lives, now and in the future, thanks to abundant reserves and an innovative, technologically advanced industry.
The U.S. energy revolution is fundamentally empowering. There’s no better word for it. Because of resurgent American energy, our country has choices where the horizon once was filled with energy-based limitations.
API President and CEO Jack Gerard said offshore energy is part of a “unique American moment” – the opportunity to sustain and build on resurgent oil and natural gas production that has created jobs, spurred economic development and made the U.S. more energy secure in the world.