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API outlines the state of American energy in annual address

 

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API President and CEO Jack Gerard delivered the keynote address at APIÂé¶¹´«Ã½Ó³»­™s Sixth Annual State of American Energy event on 5 January, releasing the State of American Energy 2016 report and highlighting the energy issues that will shape AmericaÂé¶¹´«Ã½Ó³»­™s economic and political news this year.

Âé¶¹´«Ã½Ó³»­œThe US begins this new year leading the world in energy production, economic growth, and lowering our greenhouse gas emissions Âé¶¹´«Ã½Ó³»­“ a trifecta unmatched by any other country today. The gains weÂé¶¹´«Ã½Ó³»­™ve made and our ability to sustain them in the years to come are largely dependent on the energy policies we pursue.

Âé¶¹´«Ã½Ó³»­œFortunately, we know how to bring about AmericaÂé¶¹´«Ã½Ó³»­™s brighter energy future, which means lower costs for American consumers, a cleaner environment and American energy leadership, because it is todayÂé¶¹´«Ã½Ó³»­™s reality. We call it the US model.

Âé¶¹´«Ã½Ó³»­œAs the PresidentÂé¶¹´«Ã½Ó³»­™s last full year in office begins, we hope that he will take note of and help foster the US model. We hope that heÂé¶¹´«Ã½Ó³»­™ll see that over regulation Âé¶¹´«Ã½Ó³»­“ nearly 100 regulations and counting on the oil and natural gas industry Âé¶¹´«Ã½Ó³»­“ hinders rather than advances what he hopes to be one of his administrationÂé¶¹´«Ã½Ó³»­™s defining legacies, environmental improvement.

Âé¶¹´«Ã½Ó³»­œWhile the outcome of NovemberÂé¶¹´«Ã½Ó³»­™s elections is far from clear, it is certain that no matter who becomes the 45th President of the United States, he or she will lead a nation that is first in oil and natural gas production, first in refining ever-cleaner fuel and first in reducing greenhouse gas emissions.

Âé¶¹´«Ã½Ó³»­œOur goal is to keep the positive momentum of the last few years and to end the politicisation of energy for petty partisan ends. We want to continue the national energy policy discussion and stay above the partisan fray, and immune from the misinformation campaign deployed by fervid critics of fossil fuels.Âé¶¹´«Ã½Ó³»­


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