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WASHINGTON, December 8, 2008 – The development of America’s vast domestic oil and natural gas resources that had been kept off-limits by Congress for decades could generate more than $1.7 trillion in government revenue, create thousands of new jobs and enhance the nation’s energy security by significantly boosting domestic production, a study released Monday shows.

WASHINGTON, November 20, 2008 – The American Petroleum Institute today issued the following statement from API President and CEO Jack Gerard following the announcement by Interior Secretary Dirk Kempthorne that the nation received record payments of $23.4 billion in fiscal year 2008 from royalties, rents and bonuses from onshore and offshore energy production and states received a record $2.59 billion from production on federal lands within their borders and federal offshore areas adjacent to their shores