Summer is nearly upon us. Soon the kids will be out of school, and families across the USA will start packing up and heading out on vacation. Energy will get them there – and it will give them the opportunity for the best vacation ever.
Beyond the significant lift to our economy, investing in our infrastructure will ensure that consumers in every part of the U.S. have access to reliable and affordable domestically produced energy, which has saved the average household approximately $1,337 due to lower utility bills, products and other energy-related costs. [ Bit.ly Link ]
"Business and labor have unified around the economic imperative of infrastructure, and we’re confident our elected leaders in Washington can do the same. After all, support for good jobs and a stronger economy knows no party lines."
"Whether one’s primary motivating goal is addressing climate change, creating the conditions for economic prosperity, or raising the world’s most vulnerable out of crippling poverty, a conversation about natural gas is worth having."
"When paired with horizontal drilling -- and the modern drills capable of extreme drilling depths -- producers can access far more natural gas from a single well. This is the key that has unlocked decades of natural gas that was otherwise inaccessible."
Lifting some of the shortsighted restrictions that keep 94 percent of federal offshore acreage off limits to energy development could lead to production gains of more than a million barrels of oil equivalent per day and generate hundreds of thousands of well-paying jobs.
"Opening areas in the Atlantic, Eastern Gulf of Mexico and Pacific could lead to production gains of more than 1 million barrels of oil equivalent per day and generate thousands of well-paying jobs in both blue collar and STEM job fields."
The powerful combination of continually-improving industry practices, advancing state programs, and federal environmental statutes ̶ all work together to provide an effective structure that allows for the essential development of the nation’s oil and natural gas resources while protecting the environment.
The refining sector also is integral to our country’s economic health, contributing about 1.8 percent to annual GDP, supporting more than 1.2 million jobs for high-skilled workers and $98 billion in wages and benefits annually, according to assorted government data.
Every day Americans head off to work or play, use a cellphone or countless other consumer products made from petroleum, they should thank a refiner. U.S. refineries are the essential link between America’s ongoing renaissance in energy production and the actual benefits Americans enjoy from that production.