October 2011, Vol. 238 No. 10

In The News

Policy Shift On Oil, Gas Could Create 1.4 Million Jobs, Study Says

U.S. oil and natural gas policy changes could generate more than 1.4 million new jobs, $800 billion in additional government revenue, and 10 million barrels worth of added daily oil and natural gas production by 2030, according to a study by Wood Mackenzie released Sept. 7 by API. New jobs could be added in every state. “Our industry has kept more than 9 million Americans employed through some of the toughest economic times in America’s history, and we created thousands of jobs just last month,” said API President and CEO Jack Gerard. “The study shows we could provide another 1.4 million jobs, with as many as 1 million created in just the next seven

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