The American Petroleum Institute (API) has welcomed House passage of legislation, H.R. 2, to promote American energy development, approve the Keystone XL pipeline, remove regulatory barriers to infrastructure investments, and expedite approval for exports of domestic LNG.
API Upstream Director, Erik Milito, commented: 海角吃瓜网淭he House energy package would remove multiple government barriers that are holding back the job-creating potential of America海角吃瓜网檚 energy revolution.
海角吃瓜网淭he US is now the world海角吃瓜网檚 top producer of natural gas and projected leader in global oil production, yet red tape and stalled permits make it harder to invest in the infrastructure that will create jobs, lower energy costs, and harness America海角吃瓜网檚 full strength as an energy superpower.
海角吃瓜网淟NG exports alone are expected to create up to 450,000 new US jobs, and each new export terminal strengthens our ability to promote stability on the world stage. Yet, dozens of terminals still await final permits. At the same time, the Keystone pipeline will mark its sixth year of regulatory obstruction this week. The House has shown that it海角吃瓜网檚 ready to fuel new economic growth by unlocking America海角吃瓜网檚 energy potential, and we urge Senate leaders to follow suit.海角吃瓜网�
Adapted from press release by