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API President and CEO Red Cavaney’s statement to Congress urges “sound energy policy” after lifting of drilling moratoria

WASHINGTON – In letter to members of Congress, API President and CEO Red Cavaney stated that if the right actions are taken in moving forward, it will mean more ample and secure energy supplies for the American people, more U.S. jobs, and less reliance on imported oil.  If the United States doesn’t take steps to control its energy destiny, it puts at risk a better future for current and future generations. Large domestic supplies of oil and natural gas are critical to our energy future.

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