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Editor's note: The event has concluded. Archive footage is available above.
With the right leadership and policies, the United States can take control of its energy future. A new estimate that an oil shale formation in the western U.S. holds 1.5 trillion barrels of recoverable oil, expanding production of natural gas from shale and analysis that the U.S. could secure 100 percent of its liquid fuel needs through North American sources within 15 years certainly support that conclusion.
Leadership and policies. Specifically, what will it take?
At an event today, API will present recommendations to the Republican and Democratic platform committees – proposals that include detailed calls on resource access, regulatory approach and key policies needed to utilize our ample domestic resources for a more secure energy future.
In addition, API President and CEO Jack Gerard will deliver a short speech, followed by a bipartisan panel discussion with energy advisors and experts.
You can watch livestreaming of the event starting at 9 a.m. above:
Gerard:
“The question is not whether we will continue to need oil and natural gas. We will. The question is: will we use our own vast energy supplies or rely on others? … There is a choice when it comes to the policies that will help shape America’s energy future—two paths that we can take. One leads to more jobs, higher government revenues, and greater U.S. energy security—which can be achieved by increasing oil and natural gas development right here at home. The other path would put jobs, revenues, and our energy security at risk.”
