From: Jack Gerard, API
To: David Lifferth,
Subject: Infrastructure Investment Keeps Jobs and Energy Flowing
Date: Wed Jan 29 15:42:35 MST 2014
Body:
Click to view this email in a browser
                     
Energy Tomorrow
Know The Facts Get Involved Read The Blog
   
    January 29, 2014  

Pipeline Safety Excellence

Pipelines are an essential part of our energy infrastructure system -- delivering crude oil and natural gas with a yearly safety rate of 99.999 percent. Click here to learn about our new initiative to maintain this excellent safety track record.

Pipeline Safety

Follow our Blog to stay up-to-date

To stay up-to-date on the latest energy-related news, there is no better place to check than the Energy Tomorrow Blog.

Energy Tomorrow Blog

 

   
           
    Infrastructure Investment
Keeps Jobs and Energy Flowing
     
           
   

Dear David,

Updating America’s energy transportation infrastructure is both a necessity and an opportunity. Necessity because our current system was designed to move imports inland from the coasts – before surging production in North Dakota’s Bakken region, the northeastern U.S., and Canada. The lack of transportation capacity where it’s most needed can raise production costs and limit the ability to move supply to refineries, businesses and consumers – as we saw during the recent cold spell when the EIA issued “critical notices” about constraints on pipeline capacity for the New York and Boston markets.

Besides alleviating costly inefficiencies, modernizing the energy transportation network provides opportunities for significant job creation and economic growth. According to a new study from IHS, updating energy infrastructure to keep pace with new production realities will generate $1.15 trillion in capital investments by 2025 and contribute, on an average annual basis between 2014 and 2025, up to:

  • 1.15 million jobs
  • $75 billion in worker income
  • $120.58 billion in U.S. GDP growth
  • $27.45 billion in government revenues
  • 830,771 jobs from pipeline investment alone

Like the Keystone XL pipeline,VIDEO: Let's Build the Keystone XL Pipeline many of the infrastructure components we need are shovel-ready projects funded by private dollars. As the Obama administration’s Quadrennial Energy Review gets underway, let’s focus on streamlining the regulatory and permitting process for energy infrastructure, so that we can keep our energy flowing – along with growth in jobs and the economy.

Sincerely,

Jack Gerard
President and CEO
API

     
     
  GET INVOLVED
Energy Nation
Energy Citizens
  SIGN UP
 


Get The API SmartBrief

A smart way to stay on top of oil and natural gas industry news.

   
                     
    AFFILIATED PROJECTS    
    EnergyFromShale.orgGas Prices ExplainedOil Sands Fact CheckEnergy AnsweredWho Owns Big Oil    
                 
    GET INVOLVED

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.
           
    Energy NationEnergy Citizens  
         
   
Energy Tomorrow Natural Gas Natural Gas
 
Oil Oil
 
Energy Tomorrow is a project of the American Petroleum Institute – the only national trade association that represents all aspects of America’s oil and natural gas industry – speaking for the industry to the public, Congress and the Executive Branch, state governments and the media. Rapid growth in natural gas production, thanks to vast shale deposits and hydraulic fracturing, is reviving America’s manufacturing and other sectors while helping reduce U.S. carbon emissions to a 20-year low. U.S. crude oil production has reached its highest point since 1997, due to production from shale and other tight rock formations, while reducing imports to their lowest level in more than 20 years.
The People of Americas Oil and Natural Gas Industry
   
             
Energy API Keep Connected & InformedEmailFacebookRSSScribdTwitterYoutube




Click to view this email in a browser

If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe

Jack Gerard, API
1220 L Street, NW
Washington, DC 20005
US