Oil and Natural Gas Industry Provides Utah with Significant Job and Economic Growth Opportunities
Western Energy Alliance to testify before state legislature on federal policies hindering Utah's enormous energy potential
(SALT LAKE CITY) – From October 16-17, 2012, Western Energy Alliance will meet with policymakers in Salt Lake City, UT stressing the essential role oil and natural gas development can play in advancing Utah's economic recovery and the federal policies preventing this potential growth.
"While Utah tops the charts as one of the most business-friendly states in the U.S., its most pressing challenges for energy development, economic growth and job creation actually come from the federal government," said Kathleen Sgamma, Vice President of Government & Public Affairs for Western Energy Alliance. "With nearly 60% public lands and new restrictions regularly added, Utah is feeling the squeeze from federal government policies that are preventing the creation of 30,975 jobs and $6.3 billion in annual economic impact," said Sgamma.
Western Energy Alliance will be supporting state regulation of oil and natural gas rather than a one-size-fits-all federal approach before the Natural Resources, Agriculture and Environment Interim Committee on Wednesday, October 17th. States are better suited to regulating the oil and natural gas industry because they have the experience and understanding of their unique geology, hydrology, and infrastructure, and are better able to balance economic growth and job creation with environmental protection.
Click here to view the Top 10 Ways the Federal Government is Preventing Oil and Natural Gas Production in Utah.
Who: Kathleen Sgamma, Vice President of Government & Public Affairs, Western Energy Alliance
What: Presentation to Utah's Natural Resources, Agriculture and Environment Interim Committee
When: Wednesday, October 17, 2012 at 9:45 a.m.
Where: Utah State Capitol Complex, Senate Building, Room 210
About Western Energy Alliance
Western Energy Alliance, founded in 1974 as the Independent Petroleum Association of Mountain States, is a non-profit trade association representing more than 400 companies engaged in all aspects of environmentally responsible exploration and production of oil and natural gas in the West. More information on Western Energy Alliance and its members is available at www.westernenergyalliance.org.