Ahead of the State of the Union, API President and CEO Jack Gerard called on the president to put consumers first and not disrupt AmericaÂé¶¹´«Ã½Ó³»™s energy renaissance with unnecessary, duplicative and costly regulations.
Âé¶¹´«Ã½Ó³»œThe energy revolution has created a proven model to improve the environment while creating jobs and strengthening our national security and lowering consumer costs. We call it the US model, and it can be achieved without over-regulating.
Âé¶¹´«Ã½Ó³»œOver the past year, the oil and gas industry has had to address nearly 100 regulations impacting all aspects of our business. The administration needs to take a close look at them and ask two questions: Âé¶¹´«Ã½Ó³»˜Are they necessary?Âé¶¹´«Ã½Ó³»™ and, Âé¶¹´«Ã½Ó³»˜What will the cost be to consumers?Âé¶¹´«Ã½Ó³»™
Âé¶¹´«Ã½Ó³»œInstead of pursuing a barrage of job-crushing new regulations Âé¶¹´«Ã½Ó³»“ many of which are duplicative and unnecessary Âé¶¹´«Ã½Ó³»“ President Obama has the opportunity to seize the initiative and embrace policies that recognize the value of the energy resurgence and acknowledge that the goals of environmental progress and energy production are not mutually exclusive.
Âé¶¹´«Ã½Ó³»œBy looking to science and real-world proven results to guide the policy choices during his final year in office, the president can ensure that AmericaÂé¶¹´«Ã½Ó³»™s energy resurgence continues to provide economic growth, environmental progress and security benefits.Âé¶¹´«Ã½Ó³»
Adapted from press release by