Our Energy Good Fortune

Mark Green
Posted July 18, 2016

Energy-wise, it’s a great time to be an American. Be it providence or plain good luck, the United States is energy rich – with the technologies, industry expertise and experience to responsibly develop the energy Americans need every day to lead modern lives. The U.S. energy revolution comes at an opportune moment in our country’s history. Consider just some of the products of this good energy fortune:

• Leadership – As the world’s leading producer of oil and natural gas, the United States is stronger economically and in a security sense because of growing energy self-sufficiency. We’re less dependent on others for energy and now uniquely positioned to help friends and allies abroad through the export of domestic oil and natural gas.
• Climate – Increased use of affordable, readily available domestic natural gas is the main reason the United States leads the world in reducing energy-associated carbon emissions. For all the talk around the world of reducing emissions, the U.S. is doing it – even as our economy and energy production grow.
• Opportunity – Because of America’s energy riches there’s a chance, with the right policy choices, to continue and grow the energy revolution and spread the benefits of home-grown energy.

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America is the world’s leading producer of oil and natural gas Since 1949 over 2 million wells have been fracked in the U.S. Natural Gas access contributed to 1.9 million jobs in 2015 In 2015 shale gas saved the average American family $1,337 U.S. Oil production is up 88% since 2008 Emissions of common air pollutants are down 63% since 1980 Natural gas is leading reductions in CO2 emissions from energy Oil and natural gas companies are leading in GHG reducing tech Fracked wells provide two-thirds of U.S. natural gas production Fracked wells provide half of U.S. crude oil production The U.S. has over 1.7 million miles Of oil & natural gas pipelines U.S. imports of oil & oil products have fallen 31% since 2005 Voters favor policies for abundant reliable and affordable energy Up to 89.9 billion barrels of oil await discovery in the U.S. OCS More than 99.999% of oil & products shipped by pipeline arrive safely 140 U.S. refineries can process 18 million barrels of oil per day

#OurEnergyFortune

API President and CEO Jack Gerard:

“[T]echnological advances have moved us from an era of energy scarcity to one of energy abundance in a few short years, and Washington can make energy policy choices that will continue our national progress …”

Americans recognize that energy is fundamental to their way of life, health and security. On a strong, bipartisan basis, they’re all-in on U.S. energy:

In this election year, there’s an opportunity to be heard on a host of issues. None is more important than selecting the right leaders who will pursue policies that help secure America’s energy future and increase our energy good fortune.

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