Oil and natural gas provide the majority of the energy American consumers’ need, and our nation’s energy infrastructure –including pipelines, railroads, highways, waterways and ports—make sure this energy is available when they need it. A robust infrastructure system that is safe, efficient and properly maintained can help lower the costs of supplying oil and natural gas and its products for consumers by reducing congestion, maximizing efficiency and improving safety.
As expansive as our nation’s energy infrastructure is, it is in need of investment to keep pace with a growing population, demand for goods and services and energy needs. Investing in our nation’s energy infrastructure will not only allow the oil and natural gas industry to keep pace with energy demand, it will also help keep energy affordable for Americans. Furthermore, investments in energy infrastructure create well-paying jobs, give U.S. manufacturers a competitive advantage through lower energy and raw material costs and provide revenue to local, state and federal governments. All of these benefits collectively mean increased national security for Americans.
To sustain our nation’s energy renaissance and our position as the world’s largest producer of oil and natural gas, the new administration and Congress should work with the private sector to enable the expansion of our nation’s energy infrastructure through consistent regulation and efficient processes.