Jennifer Scott (703) 741-5813
March 31, 2010

More Must Be Done to Expand Domestic Energy Development, Enhance U.S. Energy Security, Reduce Greenhouse Gas Emissions

ARLINGTON, VA (March 31, 2010) - Today the U.S. Department of the Interior announced its updated Outer Continental Shelf (OCS) oil and gas leasing plan.  Additional information is available at http://www.doi.gov .

American Chemistry Council (ACC) President and CEO Cal Dooley issued the following statement:

"We welcome the addition of offshore oil and natural gas resources in the Interior Department's new five-year oil and gas leasing plan.  We believe new leasing off the Atlantic Coast, the Gulf of Mexico and Alaska represent a step toward greater U.S. energy security, lower greenhouse gas (GHG) emissions and the creation of a comprehensive energy policy.  More must be done, and we look forward to working with the Administration and Congress to develop policies to expand and expedite domestic oil and natural gas development as part of a diverse energy mix.

"Maintaining an affordable, reliable, long-term natural gas supply is key to ensuring U.S. energy security and the viability of American manufacturing.  Industrial consumers depend on natural gas for fuel and as a vital raw material, and high prices and volatility greatly affect our ability to operate in the United States.  To expand U.S. manufacturing and jobs while reducing carbon intensity, we need an energy policy that fully develops domestic energy supplies.  That means investing in technologies that enable the environmentally responsible use of our significant coal, nuclear, alternative and renewable energy sources and fully developing our oil and natural gas reserves, onshore and offshore. 

"The U.S. manufacturing sector is a significant economic driver, with more than 11.9 million jobs.  Manufacturing jobs are well-paying and located in all fifty states.  Following a time of deep recession and job losses, manufacturing jobs have the potential to expand if U.S. policies support rather than impede them.  Such policies should empower our use of natural gas to heat and power facilities and as a key raw material, or "˜feedstock.'  Chemistry used in products such as building insulation, solar panels, wind turbines, and lightweight vehicles help America save energy and reduce greenhouse gas emissions. 

"Recent domestic natural gas discoveries, largely from unconventional sources such as shale gas, hold great promise for the manufacturing sector.  Supply increases may help stabilize U.S. natural gas prices.  However, much remains to be done to bring these unconventional supplies to market quickly and reliably enough to assure the end of high, volatile natural gas prices.  Imbalance in domestic supply and demand can result in continued price volatility, causing further industrial "˜demand destruction' that eliminates good U.S. manufacturing jobs.  Congress needs to take care to avoid policies that increase demand while limiting supplies.  We need a geographically diverse domestic natural gas supply to serve diverse U.S. natural gas markets, and a U.S. energy policy that focuses too heavily on any one approach or area could leave the United States vulnerable.  OCS energy policy is an important part of America's energy strategy."

Learn more about energy and stationary sources of GHGs  and visit the Coalition for American Jobs .

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