Looking to America’s future energy policy path, the new administration and Congress should support what works. That is, market-based strategies fostering more of the safe energy development that’s boosting U.S. prosperity, helping consumers and advancing climate objectives – all without sacrificing economic growth.
"Building new energy infrastructure alone — including pipelines, storage, processing, rail and maritime development — could generate $1.1 trillion in private investment over 10 years and support one million shovel-ready jobs that don’t rely on taxpayer funding."
"Unfortunately, the precedent set by the federal government’s action (or inaction) throws our sound regulatory process into uncertainty. When pursuing projects of this scope, companies must be able to count on a legal process to plan. But by issuing a halt on construction, the Obama administration has effectively locked Dakota Access into an indefinite period of review, ignoring the law under... View details ⇨
Oil and natural gas companies are committed to the communities where they operate – where their employees work, live and raise their families. This commitment is seen in company investments that help create thriving, successful communities, including investments in local education and other initiatives that strengthen the fabric of community life.
The fundamental question, in the energy space, the next administration will be called to answer is whether to pursue an all-of-the-above energy strategy by promoting all sources of energy, from oil and natural gas, to coal, to solar to wind to nuclear.
"An estimated average of 20 billion barrels of oil and 1.6 billion barrels of natural gas liquids are available for the taking in the Wolfcamp shale, which is in the Midland Basin portion of Texas' Permian Basin."
"It’s unfortunate that the Obama administration would turn its back on its own citizens and put politics over sound public policy. I hope the administration reconsiders today’s action for the good of our nation’s energy future.”
"As the world’s No. 1 producer of oil and natural gas, the United States is well-positioned to be a leader in the global LNG market. Our energy renaissance is producing record volumes of natural gas that can amply supply the domestic market and the needs of friends overseas."
"Lest there be any confusion about where the country stands on developing more domestic energy, Americans are casting pro-development votes each time they pull into a gasoline station to fill up and with every mile they travel."
After one of the most difficult election campaigns in U.S. history, those who are looking to bring the country together, to generate beneficial change, should look to energy. There’s opportunity and there’s broad public consensus.
Being good stewards of natural resources and reducing waste is an important part of energy development. And industry leaders are constantly developing innovative new ways to make use of the byproducts from their operations – from supporting the agricultural industry and underwater ecosystems, to restoring coastal wetlands, to providing material for road maintenance and construction.
Pipelines play a huge role in everyday lives and are essential to the nation's industries. Yet, few people are aware of the work done by the country's more than 190,000-mile liquid petroleum pipeline network and 2.4 million-mile natural gas pipeline network that delivers the products that are integral parts of America's economy. Learn more.