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State of the Union Address Highlights Need for U.S.-EU FTA

WASHINGTON (February 12, 2013) - Cal Dooley , President and CEO of the American Chemistry Council (ACC), issued the following statement in response to President Obama's State of the Union Address:

"We are pleased to hear President Obama commit to advancing a pro-growth, national energy strategy that will harness America's vast energy resources, especially natural gas, while also encouraging the use of advanced energy technologies, many enabled by chemistry.

"We hope the President's support for aggressive, responsible development of domestic natural gas will be apparent not only in his remarks tonight, but in future actions of his Administration such as opening federal lands to energy development and leaving regulation of natural gas production to the states.

"U.S. chemical manufacturers are leveraging American shale gas to fuel a manufacturing renaissance, strengthening our economy, creating new jobs, and supporting increased exports. The chemical industry is already America's leading export sector, with $189 billion in annual exports, supporting more than 200,000 export-dependent jobs.

" Growing U.S. exports is a guaranteed way to drive our economy back to sustained growth. That is why ACC strongly supports the President's call for a comprehensive U.S.-EU free trade agreement, which could generate $2 billion in export growth in the chemical industry alone. We encourage Congress to grant the President Trade Promotion Authority so he can swiftly negotiate a new agreement with the EU and other pending agreements such as the Trans Pacific Partnership.

"ACC urges Congress to work with President Obama to develop and  implement an "all of the above" national energy strategy and to support the Administration's efforts to grow U.S. exports, two critical steps toward a strong American economy."

To hear the President's vision for a more energy-efficient America, click here .


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