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What America is Thinking on Energy Issues - 70 percent of voters favor more oil and natural gas development

WASHINGTON, January 18, 2012 – Seventy percent of American voters favor increased access to U.S. oil and natural gas resources, and similar numbers believe more oil and natural gas development would provide major benefits to the nation, including more U.S. jobs, according to a new poll released today.

"Voters know developing more of America's homegrown energy makes sense for our economy and our energy security," said API President and CEO Jack Gerard. "Our economy will demand large amounts of oil and natural gas for at least several more decades even as the role of alternative energy increases. Common sense says we should have Americans producing that oil and gas here at home as much as possible."

The recent API telephone poll, conducted by Harris Interactive, among 1,005 registered voters found that large majorities believe that more U.S. oil and natural gas development could lead to more American jobs (87 percent), help the U.S. economy and reduce consumer energy costs (83 percent), increase the nation's energy security (82 percent), and deliver more revenue to the government (72 percent). Over two-thirds (70 percent) believe that some in Washington are intentionally delaying domestic oil and natural gas development, potentially hurting the economy and leading to higher energy costs for consumers.

The United States is the world's largest producer of natural gas and third largest producer of oil. It has very substantial reserves of both in part because of technological progress in offshore development and in the development of shale oil and natural gas onshore.

API represents more than 490 oil and natural gas companies, leaders of a technology-driven industry that supplies most of America's energy, supports 9.2 million U.S. jobs and 7.7 percent of the U.S. economy, delivers more than $86 million a day in revenue to our government, and, since 2000, has invested more than $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.

Methodology
The study was conducted December 13 – 15, 2011, by telephone by Harris Interactive on behalf of the American Petroleum Institute among 1,005 registered voters across the country, with a sampling error of +/-3.0 percent.

About Harris Interactive
Harris Interactive is one of the world's leading custom market research firms, leveraging research, technology, and business acumen to transform relevant insight into actionable foresight. Known widely for the Harris Poll and for pioneering innovative research methodologies, Harris offers expertise in a wide range of industries including healthcare, technology, public affairs, energy, telecommunications, financial services, insurance, media, retail, restaurant, and consumer package goods. Serving clients in over 215 countries and territories through our North American and European offices and a network of independent market research firms, Harris specializes in delivering research solutions that help us - and our clients - stay ahead of what's next. For more information, please visit www.harrisinteractive.com.

"What America is Thinking on Energy Issues" is a public opinion series provided by API, offering data to inform policy discussions and ensure policymakers and others know Americans' perspectives on key energy issues.
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