State of American Energy | Video

Jennifer Joas | 1/8/2013

We talked a lot about energy at the Governor`s State of the State address, and it was also a hot topic today in Washington, D.C. American Petroleum Institute President Jack Gerard gave a State of American Energy address and introduced policy recommendations for the new Congress and administration.

He spoke of the importance of oil and natural gas to the economy, mentioning North Dakota and how it`s served as an example of job creation and investment opportunities.

"These are the kinds of investments oil and natural gas companies are considering and which may provide a substantial economic stimulus to our economy every year," said Jack Gerard, API President & CEO.

Gerard says two years ago, the industry invested $545 billion in capital investments and wages nationwide.

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