API Sponsors Job Rallies – Where are our Politicians?
September 3, 2010
Have you heard about the series of rallies being sponsored by API this month? The goal is to provide forums where interested citizens can voice their concerns about the economy, jobs, and ill-conceived energy proposals.
The first three rallies occurred yesterday in Texas and the turnout was truly incredible – more than 5,500 people attended.
While no rallies are currently planned for California, I wanted to share the following video recap highlighting the day’s events. With 15 million workers in unemployment lines, family budgets under pressure, and higher taxes looming on the horizon, I don’t need to tell you that these folks have enough to worry about, without adding even fewer jobs and higher energy prices to the list.
If you’re interested, more information about the rallies can be found at rallyforjobs.org, and, as always, let me know if you have any questions.
Jane Van Ryan
Senior Manager, Communications
E: vanryanj@api.org
Something for Nothing… and Sometimes Even Less – OPINION
August 31, 2010
Sometimes it is hard to get excited about living in Northern California. Though I love being here I have begun to have “battered conservative syndrome”. Residing in the area has certain perks. We are in relatively warm weather most of the time yet near the snow if we want winter activities or surf if we want to see the ocean. What I am talking about is not our wonderful mountains, sea and weather, it is the people… liberals, to be specific. Everywhere I look from advertising in print or on television or bumper stickers on the backs of beat up Honda Civics, etc., all I see are liberal platitudes about environmental issues and slogans of peace and love.
Question: how does having the word “peace” stuck on a bumper sticker achieve the goal? Shouldn’t these people be going to countries where human rights are in jeopardy? I say, “Shut up and go do something.” But I digress…
On three out of four corners of Camino Alto and Blithedale and the south bound freeway exit in Mill Valley we now have various races of homeless people begging for money. One of these days I am going to buy an hour of one of the more coherent of them and find out how much money and services they are getting from all the welfare programs available to them; federal, state, county and city. I’ll bet it’s a lot when you add up subsidized housing, food programs, health programs, etc. These people are in their situation, not because there is no opportunity in the US. It is because of other problems like mental illness or drug and alcohol abuse. Very few of them are there because of life circumstances, and of those, rarely do they find themselves permanently in the ranks of the homeless.
Don’t get me wrong. Many of us have problems. Every third commercial on the conservative radio stations is about legally discharging debt while keeping the goodies that got them there. Tax attorneys are advertising about how they can get the government to forgive all or part of a tax liability. Nobody seems to have any responsibility any more. It’s sad when you think about it. Even during the depression, people took make-work jobs because they were too proud to receive hand-outs. Oh, if only that sentiment existed today. Now the Obama government is talking about forcing lenders to forgive any home loan that is underwater where people are unable to pay their mortgage. What about those of us who are struggling to make our payments to keep our credit in good stead? It’s catastrophic what will happen to the housing market if Obama does this as his October surprise. Talk about chaos!
In the meantime, many of us are banging our heads to secure new employment or renegotiate contracts to keep the work we have. How long before we too give up? After all, why should we pull the cart while so many freeloaders are piling on? What’s our incentive? After all, aren’t we conservatives the bad guys even when we are paying the bills to keep the lights on? And what happens when the rest of us stop pulling and jump in the cart with the rest of the country? Do yo think those rich people running Congress and the Senate will have to start putting money in to keep the scam going? Will it be government workers who are now being paid more than their private sector counterparts? Doubtful. Government will probably just print or borrow more money.
But wait! Don’t jump off the bridge yet! Here’s why I have hope. Most people in the United States don’t want a handout from the government. The prevailing sentiment is that we still live in the greatest country in the world, even if the news media is telling us otherwise. Tea Parties and other protests are continually springing up all over the country put on by people who don’t normally go out and do this. All predictions for the elections in the fall say Republicans (mostly conservatives) will win handily.
A word of caution: winning the election is just the beginning. Once elected, we must insist they govern like conservatives. Will this happen, or will the old “John McCain” return? Right now I see 4 Republicans who stand in the way of real victory: Lindsey Graham, John McCain, Olympia Snowe and Susan Collins. Of course there are others like Charles Grassley who could throw a spanner in the works. But make no mistake; the shift is starting to happen. And that gives me hope.
FedUpEditor
API President says Senate leaders took right step to shelve flawed spill bill
August 5, 2010
WASHINGTON, August 3, 2010 — Senate leaders took the right step to shelve a flawed spill bill, and we look forward to working with lawmakers to improve the bill so that American taxpayers, domestic jobs, the economy and our economic security are protected, according to a statement by American Petroleum Institute President and CEO Jack Gerard:
“The decision today by the Senate leadership to shelve flawed spill legislation is a good one. The bill proposed by the Democratic leadership is not an effective or reasoned response to the spill. Instead it will cost American jobs, threaten our fragile economic recovery and jeopardize our energy security.
“Among the legislation’s shortcoming is the elimination of the cap on oil spill liability. Unlimited liability for spill damages would force most oil and natural gas companies out of the Gulf of Mexico because they would be unable to purchase insurance. This would put thousands of American jobs at risk and reduce the energy supplies we get from the Gulf.
“A robust, workable oil spill liability program – possibly including a mutual insurance element – is achievable and would cover the cost of a large spill without shifting huge costs to taxpayers.
“The bill falls short again in seeking to impose a new layer of federal regulation on hydraulic fracturing. This technology is essential to developing America’s vast reserves of shale gas, and states already do a good job regulating its use. Superfluous federal legislation would slow development of these vital domestic supplies of clean-burning energy and hundreds of thousands of new jobs associated its development.
“We strongly believe a bill is possible that could enhance offshore safety and ensure payment of damages from possible future accidents without discouraging job creation or domestic energy development. We stand ready to work with the Senate towards this goal.”
Lynn Woolsey Killing Jobs Again!
June 18, 2010
Editor’s note: This is not about protecting workers. This is about Congress getting its grubby mitts on 1099 employees’ salaries so they can steal the taxes! Don’t fall for this. About the only place employment is growing is contracting because companies can not afford to hire full time. If business is forced to hire them as employees, it will stifle the job creation. Woolsey needs to be removed before she kills all new job growth.
On Thursday, June 17, the Senate Health, Education, Labor and Pensions (HELP) Committee held a hearing on preventing employers from misclassifying employees as independent contractors. The hearing focused on the Employee Misclassification Prevention Act (EMPA), a recently introduced bill intended to reduce instances of worker misclassification through new record-keeping requirements, notice requirements, and the imposition of civil penalties for employer violations.
Chairman Harkin (D-IA) opened the hearing by arguing that independent contractors are not afforded sufficient protections under the labor law, such as those provided by minimum wage standards, overtime requirements, unemployment compensation, workers’ compensation, safety and health laws and antidiscrimination provisions. Harkin asserted that a few “unscrupulous” employers thus make economic challenges “even more difficult for their workers by intentionally misclassifying them as ‘independent contractors’ to gain an advantage over their law-abiding competitors.” Harkin also argued employee misclassification costs federal and state governments “billions of dollars in unpaid revenues.” For example, it deprives governments of the payments that support unemployment and workers’ compensation systems, as employers are only required to make these payments on behalf of employees and not independent contractors. Accordingly, Harkin posited that while employer misclassification laws are currently in place in several states, a federal legislative response is necessary.
Read the entire article here.
6th Annual State of the Energy Industry USEA Conference
January 13, 2010
It’s great to be here with so many colleagues and acquaintances and have the opportunity to share some thoughts on the state of the energy industry and – in particular – look ahead to the role of oil and natural gas.
Today, U.S. and global energy policy remains in the forefront of public debate, and I expect will remain there well into this decade. Unfortunately, too often lost in the sloganeering is the reality of what it will take to provide the nation with affordable, reliable energy and assist in returning the economy to full strength at a time of double digit unemployment.
We need to look no further than the oil and natural gas industry to understand this challenge. During the give and take of public discourse, few truly stop to think how absolutely essential oil and natural gas are to our lives, to our prosperity and security, and to our future.
Oil and natural gas are the foundation of our energy-dependent economy. They profoundly affect how we live and work. They are key to our mobility, to keeping our homes and businesses warm, to providing us with electric power, and to supplying the raw materials for countless consumer and industrial products – everything from fertilizers to computer chips to medicines … the list goes on.
In total, oil and natural gas supply 63 percent of the nation’s energy today and represent more than $1 trillion of U.S. economic activity, accounting for some 7.5 percent of U.S. GDP – helping make our economy the biggest in the world.
And, just as important, oil and natural gas are putting huge numbers of Americans to work. They support more than 9.2 million U.S. jobs, a job base that even with the assumed maturity of this industry is surprisingly dynamic and growing and has potential for more growth. For example, between 2004 and 2007 the industry created more than two million additional American jobs.
Part of that dynamic growth springs from new initiatives in alternatives and other new energy technologies. We understand that our energy future will be one of increasing energy diversity. So while oil and natural gas companies continue to invest substantially in new oil and natural gas projects, they are also investing in virtually every alternative technology from solar power to lithium batteries to geothermal to fuels made from algae.
Between 2000 and 2008, the oil and natural gas industry invested more than $58 billion on these and other carbon mitigation technologies, more than either the federal government or the rest of private industry combined.
As the public debate focuses on how to move to a vibrant energy future, we must recognize that oil and natural gas will continue to serve as the principal bulwark of our economy for many years to come. The U.S. Energy Information Administration projects that oil and natural gas will supply more than half our energy in 2030 – some two-and-a-half gallons of petroleum products a day on average for every man, woman and child in the United States and significantly expanded amounts of natural gas. We need to be investing now to meet this demand. The International Energy Agency has warned that failure to develop now the oil and natural gas resources to meet future needs could lead to a supply crisis.
Moreover, oil and natural gas companies will continue their investments and involvement in alternative energy, supplying a significant percentage of that.
And all of this will mean millions of jobs, high tech jobs, traditional industry jobs and what has become known as green jobs. The U.S. oil and natural gas industry has already created very large numbers of green jobs. Green jobs to develop advanced batteries, biofuels and other alternatives. Green jobs for finding and implementing ways to decrease energy use. Green jobs to increase recycling. Green jobs for developing carbon capture and storage technology. And many more. Applying a green jobs calculation methodology developed by the Center for American Progress, the industry created about one million jobs related to green technology just from its 2000 through 2008 low-carbon investments. [Later today, John Mahoney of Chevron, will talk to you about the many things his company is doing to increase efficiency in other businesses and government agencies, which is a good example of what our industry has done to increase green jobs and improve the environment.]
And we will create more of these in addition to a vast potential of new jobs in oil and natural gas, especially if the nation is willing to take advantage of the tremendous oil and natural gas resources still available for development here within our borders.
We are not running out of oil or natural gas. Technology and innovation keep finding new supplies and squeezing out more resource from existing fields than ever thought possible. Our experience in the Gulf of Mexico and elsewhere bears this out as ultimate production often exceeds initial estimates by a factor of eight. In just the last few years, we have seen steep increases in estimated potential natural gas resources from some of the new discoveries onshore in the United States and offshore in the Gulf of Mexico. Natural gas reserves increased by more than one-third just between 2006 and 2008.
Natural gas is one of our most flexible and clean-burning energy sources and can play an indispensable role reducing greenhouse gas emissions. Furthermore, it can serve as a stable domestic supply for U.S. manufacturing. Ninety-six percent of everything manufactured in the United States is touched by the business of chemistry, and the U.S. chemical industry relies on natural gas as its primary feedstock.
Moreover, the oil and natural gas resource estimates I’ve presented don’t count the not fully known oil and gas potential of most of the rest of U.S. offshore areas, which until recently Congress had kept off limits.
Producing all of this energy would spur vast job creation. An ICF International study conservatively estimates that developing the nation’s federal non-park oil and natural gas resources could create 160,000 new direct jobs while also generating more than $1.7 trillion in government revenue. And that doesn’t include potential development on private lands. According to a Penn State study, developing the natural gas in Pennsylvania’s Marcellus Shale, for example, could create another 175,000 new jobs – on top of the 50,000 already created there. Just today, it was reported that gas drillers bid $128 million to develop a tract of state land in Pennsylvania, generating double the revenue the state had targeted for the sale. That will mean jobs and more government revenue.
In addition, Canada, our neighbor to the North, sits on prodigious oil reserves in the form of oil sands, the development of which would help provide a secure supply of ample quantities of crude oil and even more jobs. A CERI study showed that future Canadian investment in oil sands development would generate 342,000 additional U.S. jobs. That’s in addition to the thousands of U.S. jobs created by U.S. pipeline and refining companies to prepare the infrastructure to receive and process that oil.
In short, the oil and gas industry is one of the nation’s premier job creating engines today and has the potential to expand that role tomorrow, provided our public policymakers understand the future as well as present breadth and significance of oil and natural gas to our domestic economy. We seek no handouts and need no stimulus – just opportunity.
Opportunity that is, which is supported by sensible energy policy. Some of the policies advanced recently seem aimed at chilling the job creation potential of domestic oil and natural gas development. Some climate proposals would put U.S. refiners at a competitive disadvantage, driving jobs out of the country, along with their emissions. Other proposals would increase costs on the oil and natural gas industry, depressing new investment in domestic oil and gas prospects. Still other initiatives would adversely affect leasing and development on federal lands and U.S. waters.
While some of these initiatives – hyped with promises of low “postage-stamp-a-day” costs and millions of new green jobs – had some early momentum, the public began to express their dissatisfaction.
Americans were skeptical. They had concerns about lost jobs and higher energy costs. About new taxes. About shifting energy production out of the country. And about ultimately pushing the costs on to consumers.
They were originally on board for environmental improvement, but they didn’t believe Congress and the Administration had stepped up to the plate with the right kind of policies or had done a good job looking out for their interests when jobs and our economy were in obvious peril.
That’s what the polls showed. It’s also what people were saying to the media, talking about at town hall meetings, and writing about in the blogs.
A retiree from Chicago, for example, familiar with what was happening, wrote saying, “The energy issue is a passion with me because I see it as one of the few promising lights in our economy. Our present energy policies in this country can only be described as insane, self-defeating, anti-growth, and suicidal.”
An Alaskan reacting to the debate said: “This bill will affect my job, increase my home utility costs and not properly address the issues associated with the title. Given our present economic environment, I have to ask how can Congress pass a bill which will reduce our energy output and kill jobs.”
In short, many Americans collectively were saying, “wait. Your proposed solutions are unacceptable. Give us something better.”
Few Americans may know much about EIA projections, but they instinctively understand that oil and gas are important and that a precipitous transformation of our energy economy could hurt them and their families.
They support developing our plentiful domestic energy resources and believe that can be done in a way protective of the environment. They value a future where we take advantage of all forms of energy and not play one against the other. And they value a future where we encourage domestic development to generate the jobs that will put them to work as well as supply the energy to help secure our economy, allowing it to thrive in the years and decades ahead.
The opponents of domestic energy development are aligning themselves rhetorically with the right goal – what the public wants – even as they consistently espouse policies that would put that goal farther and farther out of reach.
Reducing acreage leased for oil and natural gas development by 75 percent as occurred in 2009 will not put America on a path of preparing for its real energy future.
Cancelling leases, delaying lease sales, delaying environmental studies, holding back the next OCS Five-Year Plan, and adding layers of bureaucracy and new procedures will not ensure Americans have ample supplies of the oil and the natural gas that every projection shows they will be demanding in the near future.
We have implemented policies in the past that have discouraged domestic development, which were followed by a rise in petroleum imports pushing them well over 60 percent of U.S. consumption and adding greater volatility in energy markets. This was not what America wanted or needed then, either.
We need to get to work, doing the right things for a better energy future. Oil and gas development is a long range proposition requiring massive investments. Better policy can help produce a better investment environment looking ahead.
If we as a nation are serious about new jobs, if we want to stimulate our economy, if we want to constructively increase revenues to federal, state and local government, which could be used to battle deficits and accelerate the expansion of new energy technologies, we clearly have the means of doing so. Domestic oil and gas development plays a significant role today and will continue to do so looking ahead.
Most Americans understand this. They want more jobs. They want more affordable and reliable energy, both alternatives and traditional forms such as oil and natural gas. It’s time to move policy in that direction.
Remarks by Jack Gerard
President and CEO, American Petroleum Institute
Daily Rant – January 11, 2010
January 11, 2010
It’s the Economy, Stupid!
It’s one year after the stimulus and nobody, other than the brain-dead liberals who call into Sean Hannity’s show, think the economy is getting better. I have to laugh because no matter how hard you spin this one, the economy is not showing any signs of improvement. We just had another jobless report that experts say was higher than expected. If it’s always unexpected, then why are these people the experts? And who are they anyway? I want names so I don’t accidentally take some of their advice.
As I reported the other day, the only sector that seems to be growing is government. Along with the growing number of jobs are the growing salaries. Is it going to be that the only jobs we can get are in government? It won’t work and I’ll explain why in a minute. While the economy loses more and more jobs in the private sector, can this possibly be the goal or our current administration? I hate to think the worst of our elected politicians but could they be hoping that things get so bad we all rely on government for our handouts? And once that happens will we elect and re-elect a Democrat majority who will continue to give us those handing out the goodies? Here’s my question. What happens when everyone is in the cart? Who will pull it? How long can the printing presses continue to spit out money before they run out of ink?
Walter Williams was host on Rush’s show last week. I think it was a rebroadcast of an earlier show, but he is the first to use the analogy that I have been putting forth for some time. It was this. Think of the economy as a swimming pool and government is a bucket. The only money government gets is from those who work and produce. So take a bucket full of water (taxes) out of one end and dump it into the other end. For a few minutes it causes ripples, but the water level hasn’t changed. Sorry if I am repeating myself, but this is one reason government stimulus will NOT work. A second one would just be another mistake that takes money from the private sector for investment or creating jobs and gives it to the bureaucracy to pay itself to do essentially nothing toward solving the problem. Some call it a Democrat slush fund to buy votes in November. I can believe that.
Eagle Forum had a piece today talking about the causes of unemployment. While it offered no solutions, it did explain what is happening with many of the jobs that used to be done here in our country. They are being outsourced to places like China and India where people will do the same jobs for much less. Corporations move their operations there because there are less regulations. If illegal aliens come here and do the jobs Americans won’t do, pay no taxes and suck off the welfare trough, what will happen to us? You are beginning to see the results, and it is only bound to get worse if something doesn’t change.
Heritage said today the economy is showing signs of improvement. You could have fooled me, but let’s say for a moment that it is so. Is this what Democrats are hoping for? That the economy will come back on its own? We are a resilient nation, probably the one thing that gives me hope (real hope) for our country’s future. But the fact it is improving because of the government stimulus is a fallacy. It also could be that I ate chicken yesterday. Just because two things happen at the same time does not mean one caused the other. As in the swimming pool scenario above (and a comparison Heritage also makes in this article… great minds think alike), students of the economy KNOW that the stimulus is NOT what is bringing about recovery. In fact, in my opinion, it will probably have more to do with consumer confidence than anything. The worst thing that could happen now is that the economy starts doing well, Democrats erroneously get credit for it from the voters because of the stimulus. This would then set us up for a bigger recession in the not to distant future!
Economist Vox Day is quoted in World Net Daily today as saying we are headed for another great depression if things don’t change and politicians do something different than the way we’ve done it in the past. “When it comes to economic predictions, Vox Day is so accurate it’s scary. Scarier still is the content of his predictions.
“He’s forecast the sub-prime meltdown, the home-value crash, unemployment figures—right down to intricate details and key dates. He recently predicted the collapse of even more banks. He says the expansion of credit, which is necessary to provide what passes for growth in a credit-based economy, has ended.”
Essentially he says we are in for tough times unless something changes. That will be up to us. The mid-term elections may be the make it or break it for our country. It will be necessary for politicians to challenge the conventional wisdom and labels to educate the votes and do what’s right because it’s the right thing to do… not because it gets them re-elected.
- FedUpEditor
Mortgage News Indicates More Job Losses Than Reported
January 11, 2010
From Foster Weeks at Guarantee Mortgage - The highly anticipated Jobs Report arrived last Friday morning, showing 85,000 jobs lost during December…and while this was a bit worse than expected, the report also carried some good news, in that the prior month’s revisions showed that November actually had a final tabulation of job gains for the month, for the first time since December 2007. Additionally, the Unemployment Rate remained stable at 10%. While this all seems to indicate some level of improvement in the labor market – you do have to look beneath the surface to clearly understand the present realities for the labor market.
Let’s start with the headline number of 85,000 jobs lost. This comes from what is called the “business survey”, which uses many estimation tools, including the birth-death ratio of businesses, i.e. how many businesses were created or closed. The mechanics in coming up with the business survey allow the information to be gathered rapidly, but it also makes the information far less than accurate. On the other hand, there is also a “household survey”, where a sampling of households receive actual phone calls. Although the household number is not used by the Labor Department for their headline numbers of job losses or creations, some deem it to be a bit more accurate. The household survey paints a bit of a darker – but perhaps more realistic – picture, showing a whopping 589,000 jobs lost. But let’s dig deeper still.
The Labor Department does use the household survey to calculate the Unemployment Rate – and remember, it stayed stable at 10% – but the calculation is determined by how many people are presently in the workforce. And the household survey indicated that last month, 661,000 people left the workforce.
Whoa – what does “leaving the workforce” mean? And where exactly are they going? Let’s take a closer look to understand.
The Labor Department’s definition of this is a “discouraged worker”, who has not looked for a job during the past four weeks. Based on this definition, there are a few contributing factors that would help us understand why this would indicate such a large number of people “exiting the workforce.” And remember, more people exiting the workforce means less people counted as unemployed, and this number alone last month would have contributed to almost a half percent increase in the rate of unemployment from 10% to almost 10.5%.
So let’s talk about these contributing factors. First, frigid temperatures and piles of snow during December played a role in keeping job seekers home. Add to that the holiday season, as well as travel for family gatherings and vacations during this time, also contributing to pushing off the job search. And perhaps most importantly playing a role are the extended unemployment benefits – up to 99 weeks worth – which could also play into the decision to not seek work. Put this all together, and it might clarify the large so-called exodus from the workforce, which masks the true Unemployment Rate.
Overall – the job picture is still weak, at best. Census hiring in the next few months – although temporary – should boost job creations, which in turn may lead to upside Job Report surprises.
Daily Rant – January 5, 2010
January 5, 2010
Not long ago, our Governor Arnold Schwarzenegger appeared in Copenhagen at the United Nations Global Warming Conference to give a speech about how California has led the way in climate change legislation while still providing a robust economy.
“We have shown we can do both,” he said. Excuse me?
California’s unemployment rate was over 12% in August of 2009 and is probably much higher by now. Much of this is due to the fact that regulations and legislation have chased many businesses out of the state to places like Texas, Nevada and Arizona (all red states, by the way). So much for his claim to a robust economy. You can’t have employment with no businesses and without employees and employers paying taxes, there is no money to run the state government. Legislators can not balance the budget with revenue shortfalls.
Now instead of solving our economic woes like maybe allowing drilling offshore in order to get some of those lucrative oil lease revenues, our state representatives like our brilliant Jared Huffman are busy banning things like trans-fats in restaurants. The theory is that trans-fats are making people obese. The next thing they will go after is sodas (they already have banned the machines on school property) and snack foods. But none of these things produces one bit of revenue or helps the economy. In fact it most likely hurts it. When does it stop? Besides, I don’t see people getting thinner because of this legislation! Enough is enough.
Our nanny state is in such a precarious position that it is starting to crumble before our very eyes. The only infrastructure projects that are happening on our highways are paid for by government stimulus money given to us out of “Obama’s stash”. What people seem to forget is… we don’t have it to begin with.
California is broke. The US government is broke. Yet they all keep spending our money like it magically appears out of thin air. Actually, in the case of the federal government, it does as the printing presses continue to whir away. Experts predict with all this frivolous spending and printing of new money, inflation has nowhere to go but up. In fact, if it weren’t being held down artificially by the Fed, it would probably be double digits right now. It can not continue forever if they want the economy to come back.
The story is that in Russia money became so worthless from policies similar to those we have today that people would carry around wheelbarrows full of rubles. They had a popular joke which went like this. A woman went into the bakery to buy some bread and left her wheelbarrow full of money outside. When she came back to get cash to pay the baker, the money was still there, but the wheelbarrow was gone.
If California goes belly up, we still have other states where we can move. But if the US goes belly up, the whole world loses. It will be too late for conservatives to say, “I told you so.”
- FedUpEditor
Schwarzenegger’s Costly War on Climate Change
December 21, 2009
Americans For Prosperity – As the United Nations Climate Change Conference enters its second week in Copenhagen, California will send a delegation to showcase the state’s own climate change policies. Since his election to office in 2003, Governor Arnold Schwarzenegger has made global warming and climate change a cornerstone of his gubernatorial legacy. When he addresses conference delegates this week, Schwarzenegger will boast that under his watch the state has implemented some of the strictest and most comprehensive environmental regulations in the world. But delegates won’t be presented with the true cost of Schwarzenegger’s war on global warming.
After a 2 Week Vacation, I’m Back!
December 6, 2009
From Jane Van Ryan – API’s President Jack Gerard and Devon Energy’s Chairman and CEO Larry Nichols talked with reporters today about the summit, and they called it a “missed opportunity,” adding that the industry could create hundreds of thousands of jobs without requiring a bailout or stimulus money.
API outlined its position on job creation in a news release here. I’ve also written a blog post about the topic here.
Jane Van Ryan
