Rhetoric VS. Reality
Policy-makers are talking a lot about energy and energy policy. What fallows are some of the most frequently heard claims and proposals, along with realities that need to be considered when evaluating these claims.
Click Here to read Energy Issues and rhetoric addressed on our site.
Access to Domestic Oil and Natural Gas Creates Jobs and Revenue
April 7, 2009
Access to Domestic Oil and Natural Gas Creates Jobs and Revenue
A recent ICF International study found that development of America's vast domestic oil and natural gas resources that had been kept off-limits by Congress until recently could generate more than $1.7 trillion in government revenue, create thousands of new jobs and enhance the nation’s energy security by significantly boosting domestic production. The U.S. oil and natural gas industry currently supports more than six million jobs, and more drilling for oil and natural gas will mean more energy for America, more well-paying jobs, and trillions of dollars of much-needed revenues that will help federal, state and local governments pay for critical services.
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