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API's Jack Gerard supports president's commission to investigate Gulf oil spill

WASHINGTON, May 18, 2010 — API President and CEO Jack Gerard Tuesday indicated support for President Obama’s decision to form a presidential commission to investigate the Gulf oil spill:

“We support the president’s decision to set up an independent commission to investigate the Gulf oil spill. Finding out what exactly happened in the tragic Deepwater Horizon blowout and spill is of paramount importance.

“While many Americans are understandably concerned about safety and the environmental risk associated with offshore drilling, we hope policymakers use the valuable independent insights that will result from the commission’s work to inform the legislative and regulatory process to ensure that decisions made do not have the unintended consequence of reducing domestic energy supplies, weakening our energy security and costing some of the 9.2 million American jobs supported by the U.S. oil and natural gas industry.”


Updated: May 18, 2010
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