To: Scott Jenkins,
Subject: In Every State, Businesses are Part of Energy Economic Growth
Date: Wed Sep 24 14:31:53 MDT 2014
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|September 24, 2014||
Investing in America
Another measure of the oil and natural gas industry’s positive impact on the national economy is capital investment. No surprise, we’re energizing the economy here, as well, with four companies ranked in the top 10 of the Progressive Policy Institute’s new list of leaders in U.S. capital spending in 2013.
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|In Every State, Businesses are Part of Energy Economic Growth|
Even in lower-producing states, the oil and natural gas industry is a major source of economic activity:
As of 2011, the oil and natural gas industry directly or indirectly supported 9.8 million U.S. jobs overall. Although this survey represents only a small cross-section of the energy industry’s value chain, it shows the breadth of economic growth behind America’s oil and natural gas revolution. For these workers, sound energy policy – including access to federal lands, free trade, and a fair tax code – means good business.
America’s oil and natural gas industry is creating jobs, stimulating the economy through investments in energy development and fueling our modern way of life. Sign up with one of our social action networks today to make your voice heard.
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|Jack Gerard, API
1220 L Street, NW
Washington, DC 20005