Brent Erickson of BIO released statement in response to speech by American Petroleum Institute CEO Jack Gerard. Experts are projecting an American energy renaissance and achievement of energy self-reliance within a few decades. Renewable fuels and energy efficiency will make substantial contributions if there is a long-term, stable policy in place. Still, API contrarily calls for long-term continuation of oil and gas subsidies and does not address state of all U.S. energy resources.
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