Canadian oil sands currently account for more than 1 million barrels/day of U.S. oil imports. The U.S. is stalling refinery and pipeline projects needed to further develop these reserves--the Keystone XL pipeline is one example. The 1,661-mile Keystone XL pipeline would deliver Canadian crude oil to Gulf of Mexico refineries, supporting jobs across America and generating $775 billion in GDP for America.
Posted May 02, 2012
Editor’s note, 5/3: The event has concluded; see below for the archived videos.
There’s not a better venue for a high-level discussion of energy, jobs and economic growth than Ohio, where energy-driven expectations are soaring – given the growth from shale development in neighboring Pennsylvania and accelerating work in Ohio’s own Utica Shale play. Thus, today’s “Ohio Energy Jobs Summit” is well located.
Hosted by The Hill newspaper and sponsored by the Coalition for American Jobs, the summit has an array of speakers and panelists scheduled including Gov. John Kasich, U.S. Rep. Bill Johnson of Ohio and API President and CEO Jack Gerard.
Ohio voters certainly have strong expectations for shale exploration and development. A Quinnipiac poll in January showed they overwhelmingly believe that shale = jobs. The survey also showed that most believe the economic benefits from energy development outweigh other concerns.
The half-day discussion from Ohio begins at 9 a.m. You can watch via webcast, here:
You’re also welcome to join in the conversation on Twitter by using the hashtag, #energyjobssummit.
Mark Green joins API after spending 16 years as national editorial writer in the Washington Bureau of The Oklahoman newspaper. In all, he has been a reporter and editor for more than 30 years, including six years as sports editor at The Washington Times. He lives in Occoquan, Virginia, with his wife Pamela. Mark graduated from the University of Oklahoma with a degree in journalism and earned a masters in journalism and public affairs at American University. He's currently working on a masters in history at George Mason University, where he also teaches as an adjunct professor in the Communication Department.
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.
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. Together, we can find commonsense solutions to our nation's energy challenges.
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.