API Study
The American Petroleum Institute (API) has released a report urging increased access to areas presently off limits to E&P activities: "“Our industry contributes more than $1 trillion to the U.S. economy and provides most of the energy that heats our homes, fuels factories and offices, and gets people to home and work. Policy decisions seeking to burden this critical industry with punitive taxes and overly restrictive rules do nothing to boost the economy or enhance energy security. Instead, they cost jobs, damage the economy and compromise our national security. (quoting Jack Gerard, President and CEO, API)."
For more, including a copy of the report, see here.
