Editor's Note: In a statement issued today, API President and CEO Jack Gerard cited the need for a thorough assessment of the Kerry-Lieberman draft climate proposal released today. The full text of Jack's comments appears below:
"This broad proposal reflects the complex relationship between the U.S. energy system and greenhouse gas emissions which come from every car, home, factory and farm in America. We are reviewing the released text to assess the proposal's possible impact on jobs, energy production, and consumers of oil and natural gas. However, until full legislative language has been thoroughly analyzed, any assessment would be guess work at best.
We need reliable data and estimates on how the draft legislation would affect energy production, energy prices, consumers' budgets and t... more »
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