DRBC risks regional job opportunities, ignores consumer needs and could limit government revenue
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WASHINGTON, November 30, 2017 - The American Petroleum Institute responded to the Delaware River Basin Commission’s (DRBC) draft rule to ban hydraulic fracturing in the region.
“We oppose the Delaware River Basin Commission’s attempt to ban safe and responsible energy development in the region,” said API Upstream and Industry Operations Group Director Erik Milito. “Natural gas development in the Marcellus Shale is a proven success for cleaner American energy and supports jobs throughout Pennsylvania and surrounding states. The Commission’s proposed rule ignores the significant technology and engineering advancements in hydraulic fracturing that allow for responsible energy development with a smaller environmental footprint and necessary protections for communities.
For the American consumer, the nation’s energy renaissance has meant lower energy costs. The average family has saved significantly when it comes to the price of gasoline and other energy goods and services and the cost to heat and cool their homes. Prices paid for natural gas by U.S. residential consumers have decreased by 27 percent since the shale revolution began.
“The DRBC’s misguided proposal directly impacts residents in New Jersey, New York, Delaware and Pennsylvania meaning lost income, lost jobs, and lost state revenue while ignoring the existing state regulatory system, robust industry best practices, and comprehensive programs overseen by the Department of Environmental Protection that benefit Pennsylvanians and individuals throughout the region – supporting jobs and boosting economies at all levels," said Milito.
“API plans to continue its active opposition to this irresponsible proposed regulation.”
API is the only national trade association representing all facets of the oil and natural gas industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API’s more than 625 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 40 million Americans.