API: Oil, gas industry will work with new administration

Nov. 5, 2008
The US oil and gas industry is looking forward to working with President-elect Barack Obama and a new Congress, according to API Pres. and CEO Jack Gerard.

By OGJ editors
HOUSTON, Nov. 5 -- The US oil and gas industry is looking forward to working with President-elect Barack Obama and a new Congress "to get to work on meaningful energy policy that contributes to economic stability," according to Jack Gerard, American Petroleum Institute president and chief executive officer.

"The American people have spoken loud and clear that they want politicians to put aside partisan bickering," Gerard said in a Nov. 5 news release. "The oil and natural gas industry stands ready to help put America's vast energy resources to good use, strengthening our nation's economy and energy security, and providing good jobs for Americans across the country," he added.

Gerard said the industry stands ready to help the new administration deliver "a comprehensive and realistic energy policy that encourages development of all domestic energy sources, including oil and natural gas, for the benefit of consumers."