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America's Natural-Gas and Oil Infrastructure Could Support Over a Million Jobs


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The American Petroleum Institute (API) has released a new study showing that private investment in U.S. natural-gas and oil infrastructure could create over a million jobs.  The organization contracted with ICF to investigate the likely scope of the economic opportunity--and the amount of oil- and natural-gas-infrastructure development--over the next two decades.  Specifically, according to the study, up to $1.34 trillion in private investment in natural-gas and oil infrastructure could occur; up to $1.89 trillion could be added to the U.S. GDP; and all states would see advantages.

The following soundbites are from various officials with API's state divisions (listed alphabetically, by state)--and are available only in MP3.  The report itself is available here.

Michigan (:54) -- by Peter Langley, the Michigan Petroleum Council's executive director

"OUR NEW STUDY FINDS THAT PRIVATE INVESTMENT IN OUR NATION'S NATURAL-GAS- AND OIL-INFRASTRUCTURE, THROUGH 2035, COULD PROVIDE MORE THAN ONE-TRILLION DOLLARS, IN PRIVATE INVESTMENT, TOWARD OUR NATION'S INFRASTRUCTURE--AND COULD SUPPORT ABOUT A MILLION JOBS, PER YEAR, ACROSS THE COUNTRY.  WITH THE RIGHT POLICIES, IN MICHIGAN ALONE, SUCH INVESTMENTS COULD SUPPORT, ON AVERAGE, UP TO 21-THOUSAND JOBS, PER YEAR--AND COULD ADD UP TO 50-BILLION DOLLARS, TO THE STATE'S ECONOMY.  THE U-S 'ENERGY RENAISSANCE' HAS ALREADY HELPED DRIVE DOWN ENERGY-RELATED COSTS--ADDING ABOUT 13-HUNDRED DOLLARS, TO THE AVERAGE AMERICAN-HOUSEHOLD.  AND, INDUSTRIAL-ELECTRICITY COSTS IN THE U-S ARE 30- TO 50-PERCENT LOWER THAN THOSE OF FOREIGN COMPETITORS--GIVING THE UNITED STATES A COMPETITIVE-ADVANTAGE.  OUR NATION IS LEADING THE WORLD, IN THE PRODUCTION AND REFINING OF NATURAL GAS AND OIL--AND IN THE REDUCTION OF CARBON-EMISSIONS, WHICH ARE NEAR 25-YEAR LOWS.  BY MOVING FORWARD WITH PRIVATE INVESTMENTS IN NATURAL-GAS- AND OIL-INFRASTRUCTURE, WE CAN CONTINUE TO HELP AMERICAN CONSUMERS, MANUFACTURING, JOBS, AND THE ECONOMY."

Minnesota (1:19) -- by Erin Roth, the Minnesota Petroleum Council's executive director

"OUR NEW STUDY FINDS THAT PRIVATE INVESTMENT IN OUR NATION'S NATURAL-GAS- AND OIL-INFRASTRUCTURE, THROUGH 2035, COULD PROVIDE MORE THAN ONE-TRILLION DOLLARS, IN PRIVATE INVESTMENTS, TOWARDS OUR NATION'S INFRASTRUCTURE--AND COULD SUPPORT ABOUT A MILLION JOBS, PER YEAR, ACROSS THE COUNTRY.  WITH THE RIGHT POLICIES, IN MINNESOTA ALONE, SUCH INVESTMENTS COULD SUPPORT, ON AVERAGE, UP TO 13-THOUSAND JOBS, PER YEAR--AND COULD ADD UP TO 28-BILLION DOLLARS, TO THE STATE'S ECONOMY.  THE U-S 'ENERGY RENAISSANCE' HAS ALREADY HELPED DRIVE DOWN ENERGY-RELATED COSTS--ADDING ABOUT 13-HUNDRED DOLLARS, TO THE AVERAGE AMERICAN-HOUSEHOLD.  AND, INDUSTRIAL-ELECTRICITY COSTS IN THE U-S ARE 30- TO 50-PERCENT LOWER THAN THOSE OF OUR FOREIGN COMPETITORS--GIVING THE U-S A COMPETITIVE-ADVANTAGE.  OUR NATION IS LEADING THE WORLD, IN THE PRODUCTION AND REFINING OF NATURAL GAS AND OIL--AND IN THE REDUCTION OF CARBON-EMISSIONS, WHICH ARE NEAR 25-YEAR LOWS.  BY MOVING FORWARD WITH PRIVATE INVESTMENTS IN NATURAL-GAS- AND OIL-INFRASTRUCTURE, WE CAN CONTINUE TO HELP AMERICAN CONSUMERS, MANUFACTURING, JOBS, AND THE ECONOMY."

New York (1:09) -- by Karen Moreau, API New York's executive director

"OUR NEW STUDY FINDS THAT PRIVATE INVESTMENT IN OUR NATION'S NATURAL-GAS- AND OIL-INFRASTRUCTURE, THROUGH 2035, COULD PROVIDE MORE THAN ONE-TRILLION DOLLARS, IN PRIVATE INVESTMENT, TOWARDS OUR NATION'S INFRASTRUCTURE--AND COULD SUPPORT ABOUT A MILLION JOBS, PER YEAR, ACROSS THE COUNTRY.  WITH THE RIGHT POLICIES, IN NEW YORK ALONE, SUCH INVESTMENTS COULD SUPPORT, ON AVERAGE, UP TO 41-THOUSAND JOBS, PER YEAR--AND COULD ADD UP TO 85-BILLION DOLLARS, TO THE STATE'S ECONOMY.  THE U-S 'ENERGY RENAISSANCE' HAS ALREADY HELPED DRIVE DOWN ENERGY-RELATED COSTS--ADDING ABOUT 13-HUNDRED DOLLARS, TO THE AVERAGE AMERICAN-HOUSEHOLD.  AND, INDUSTRIAL-ELECTRICITY COSTS IN THE U-S ARE 30- TO 50-PERCENT LOWER THAN THOSE OF FOREIGN COMPETITORS--GIVING THE U-S A COMPETITIVE-ADVANTAGE.  OUR NATION IS LEADING THE WORLD, IN THE PRODUCTION AND REFINING OF NATURAL GAS AND OIL--AND IN THE REDUCTION OF CARBON-EMISSIONS, WHICH ARE NEAR 25-YEAR LOWS.  BY MOVING FORWARD WITH PRIVATE INVESTMENTS IN NATURAL-GAS- AND OIL-INFRASTRUCTURE, WE CAN CONTINUE TO HELP AMERICAN CONSUMERS, MANUFACTURING, JOBS, AND THE ECONOMY."

Ohio (:56) -- by Chris Zeigler, API Ohio's executive director

"OUR NEW STUDY FINDS THAT PRIVATE INVESTMENT IN OUR NATION'S NATURAL-GAS- AND OIL-INFRASTRUCTURE, THROUGH 2035, COULD PROVIDE MORE THAN ONE-TRILLION DOLLARS, IN PRIVATE INVESTMENT, TOWARD OUR NATION'S INFRASTRUCTURE--AND COULD SUPPORT ABOUT A MILLION JOBS, PER YEAR, ACROSS THE COUNTRY.  WITH THE RIGHT POLICIES, IN OHIO ALONE, SUCH INVESTMENTS COULD SUPPORT, ON AVERAGE, UP TO 48-THOUSAND JOBS, PER YEAR--AND COULD ADD ALMOST 95-BILLION DOLLARS, TO THE STATE'S ECONOMY.  THE U-S 'ENERGY RENAISSANCE' HAS ALREADY HELPED DRIVE DOWN ENERGY-RELATED COSTS--ADDING ABOUT 13-HUNDRED DOLLARS, TO THE AVERAGE AMERICAN-HOUSEHOLD.  AND, INDUSTRIAL-ELECTRICITY COSTS IN THE U-S ARE 30- TO 50-PERCENT LOWER THAN THOSE OF FOREIGN COMPETITORS--GIVING THE UNITED STATES A COMPETITIVE-ADVANTAGE.  OUR NATION IS LEADING THE WORLD, IN THE PRODUCTION AND REFINING OF NATURAL GAS AND OIL--AND IN THE REDUCTION OF CARBON-EMISSIONS, WHICH ARE NEAR 25-YEAR LOWS.  BY MOVING FORWARD WITH PRIVATE INVESTMENTS IN NATURAL-GAS- AND OIL-INFRASTRUCTURE, WE CAN CONTINUE TO HELP AMERICAN CONSUMERS, MANUFACTURING, JOBS, AND THE ECONOMY."

Pennsylvania (1:09) -- by Stephanie Catarino Wissman, API Pennsylvania's executive director

"OUR NEW STUDY FINDS THAT PRIVATE INVESTMENT IN OUR NATION'S NATURAL-GAS- AND OIL-INFRASTRUCTURE, THROUGH 2035, COULD PROVIDE MORE THAN ONE-TRILLION DOLLARS, IN PRIVATE INVESTMENT, TOWARD OUR NATION'S INFRASTRUCTURE--AND COULD SUPPORT ABOUT A MILLION JOBS, PER YEAR, ACROSS THE COUNTRY.  WITH THE RIGHT POLICIES, IN PENNSYLVANIA ALONE, SUCH INVESTMENTS COULD SUPPORT, ON AVERAGE, UP TO 90-THOUSAND JOBS, PER YEAR--AND COULD ADD UP TO 154-BILLION DOLLARS, TO THE STATE'S ECONOMY.  THE U-S 'ENERGY RENAISSANCE' HAS ALREADY HELPED DRIVE DOWN ENERGY-RELATED COSTS--ADDING ABOUT 13-HUNDRED DOLLARS, TO THE AVERAGE AMERICAN-HOUSEHOLD.  AND, INDUSTRIAL-ELECTRICITY COSTS IN THE U-S ARE 30- TO 50-PERCENT LOWER THAN THOSE OF OUR FOREIGN COMPETITORS--GIVING THE UNITED STATES A COMPETITIVE-ADVANTAGE.  OUR NATION IS LEADING THE WORLD, IN THE PRODUCTION AND REFINING OF NATURAL GAS AND OIL--AND IN THE REDUCTION OF CARBON-EMISSIONS, WHICH ARE NEAR 25-YEAR LOWS.  BY MOVING FORWARD WITH PRIVATE INVESTMENTS IN NATURAL-GAS- AND OIL-INFRASTRUCTURE, WE CAN CONTINUE TO HELP AMERICAN CONSUMERS, MANUFACTURING, JOBS, AND THE ECONOMY."

Virginia (1:11) -- by Miles Morin, the Virginia Petroleum Council's executive director

"OUR NEW STUDY FINDS THAT PRIVATE INVESTMENT IN OUR NATION'S NATURAL-GAS- AND OIL-INFRASTRUCTURE, THROUGH 2035, COULD PROVIDE MORE THAN ONE-TRILLION DOLLARS, IN PRIVATE INVESTMENT, TOWARD OUR NATION'S INFRASTRUCTURE--AND COULD SUPPORT ABOUT A MILLION JOBS, PER YEAR, ACROSS THE COUNTRY.  WITH THE RIGHT POLICIES, IN VIRGINIA ALONE, SUCH INVESTMENTS COULD SUPPORT, ON AVERAGE, UP TO 15-THOUSAND JOBS, PER YEAR--AND COULD ADD UP TO 30-BILLION DOLLARS, TO THE STATE'S ECONOMY.  THE U-S 'ENERGY RENAISSANCE' HAS ALREADY HELPED DRIVE DOWN ENERGY-RELATED COSTS--ADDING ABOUT 13-HUNDRED DOLLARS, TO THE AVERAGE AMERICAN-HOUSEHOLD BUDGET.  AND, INDUSTRIAL-ELECTRICITY COSTS IN THE UNITED STATES ARE 30- TO 50-PERCENT LOWER THAN THOSE OF FOREIGN COMPETITORS--GIVING THE UNITED STATES A COMPETITIVE-ADVANTAGE.  OUR NATION IS LEADING THE WORLD, IN THE PRODUCTION AND REFINING OF NATURAL GAS AND OIL--AND IN THE REDUCTION OF CARBON-EMISSIONS, WHICH ARE NEAR 25-YEAR LOWS.  BY MOVING FORWARD WITH PRIVATE INVESTMENTS IN NATURAL-GAS- AND OIL-INFRASTRUCTURE, WE CAN CONTINUE TO HELP AMERICAN CONSUMERS, MANUFACTURING, JOBS, AND THE ECONOMY."



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