The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

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Mark Green

Mark Green
Posted April 28, 2015

New analysis of the performance of oil and natural gas stocks in public pension funds shows the importance of a healthy energy sector to the futures of millions of Americans – as well as the misguided nature of efforts to force institutions to end investments in oil and natural gas.

The first strengthens our country’s economy and makes more secure the future for a broad swath of people – starting with retired teachers, police officers and firefighters, among others – while the second most likely would do harm to a lot of regular Americans. ...

“In short, returns on state pension funds from investments in oil and natural gas companies provide strong earnings for public pension retirees, including America’s teachers, firefighters and police officers, according to the study,” said Kyle Isakower, API vice president of regulatory and economic policy, who briefed reporters during a conference call.

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401k  finance  industry-earnings  investments  michigan  missouri  ohio  pennsylvania  pension-plans  pensions  retirees  stocks 

Jane Van Ryan

Jane Van Ryan
Posted April 27, 2011

A new report conducted on behalf of API by Robert Shapiro of Sonecon, LLC, examines the financial impact of investments in oil and natural gas companies on the overall performance of the two largest public employee pension funds in each of four states - Michigan, Missouri, Ohio and Pennsylvania. The data shows these investments sharply out-performed the funds' other assets.

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