Isakower letter to Upton and Green in support of support for HR 3301, “North American Infrastructure Act” (October 29, 2013)On behalf of the American Petroleum Institute, I write today to express support for HR 3301, “North American Infrastructure Act”. API welcomes your legislation which promotes North American energy security by removing permitting roadblocks and implementing a fair, standardized approval process for energy projects that cross U.S. borders.
At a time of economic distress, the U.S. oil and natural gas industry has the potential to grow the economy, create well-paying jobs, and generate millions of dollars in new federal revenue. An efficient permitting process is vitally important to sustaining our industry, which supports more than 9.8 million jobs and delivers more than $85 million per day to the federal government through taxes, bonus bids, royalties, and other production fees.
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