WASHINGTON, August 4, 2007 - API today issued the following statement on passage of energy legislation by the U.S. House of Representatives:
"The House energy legislation is the wrong prescription for a secure energy future. It would discourage production of the energy Americans must have to maintain a thriving economy with strong job creation and improving living standards. The legislation would move good-paying jobs overseas, increase imports, and hurt consumers. It is premised on the false idea the nation must choose between alternatives and oil and natural gas. We need all forms of energy and will continue to need them for generations to come."