USEA State of the Energy Industry Forum: Mike Sommers

The United States Energy Association's Annual State of the Energy Industry Forum brought together the heads of twenty energy industry associations in January. Herein are excerpts from the presentation by Mike Sommers, CEO of the American Petroleum Institute.
 

I think what we've discovered over the course of the last few years is that we cannot be dependent on foreign sources for American energy. We need to continue to invest in American energy if we expect to be able to power the future and provide not just for American energy needs, but for world energy needs. We need to continue to invest...

Independent experts agree that global oil and natural gas demand will continue to increase over the next thirty years. Really, the only question that we have to answer here is whether we're going to be getting oil and natural gas from the United States or whether someplace else is going to be producing it...