Posted October 8, 2013
Hydraulic fracturing and horizontal drilling are safely unlocking vast U.S. reserves of oil and natural gas found in shale and other tight-rock formations. Developing energy from shale is an advanced process that uses the latest drilling technologies and equipment. Click here for a video showing how this process works, and visit Energy From Shale.org to learn more about America’s shale energy revolution. As for what fracking means to the United States – the answers, in charts.
Posted September 18, 2013
Oil and natural gas development from shale is creating jobs and building the economy, providing America with a distinct competitive advantage in the world, API Chief Economist John Felmy told the National Association of Energy Officials this week in Denver. Felmy:
“The oil and natural gas industry has strengthened the U.S. economy by creating jobs, increasing household wealth, and securing America's future. If Congress and the administration are willing to support America’s domestic energy production, oil and natural gas are poised to fuel an economic renaissance."
Posted August 21, 2013
Posted August 6, 2013
U.S. News & World Report – 'Game Changers' for Job Creation
The National Taxpayer Union’s Pete Sepp notes a recent study indicating the top catalyst for U.S. job creation is oil and natural gas production, particularly from shale development. Sepp outlines the benefits in the study, including adding $690 billion a year to U.S. GDP and creating up to 1.7 million new jobs by 2020.
Posted July 9, 2013
API’s new advertising campaign launched this week underscores the broad support in America for construction of the full Keystone XL pipeline. Here’s our new television ad
Posted January 21, 2013
With more than four years of study and review of the Keystone XL pipeline seemingly nearing an end, there’s yet another study depicting jobs and economic benefits – that is, if President Obama will approve construction of the entire project.
This report comes from Creighton University economist Ernie Goss and his team, who project more than 5,000 new jobs a year and millions of dollars in investment in Nebraska from construction of the pipeline. You can read the Goss report here, but a few highlights:
Posted July 28, 2011