Good guys wear white hats
- Aug 23, 2011
- Reaction score
- Bham, AL
Drill Baby Drill!!
(Reuters) - The United States could create more than one million jobs by 2030 by expanding offshore drilling, limiting federal regulation of shale gas development and quickly approving a Canadian oil sands pipeline, according to a study commissioned by a major oil industry trade group.
The study's bottom line would depend on some major policy shifts by President Barack Obama and Congress, and comes just ahead of a key speech by Obama on his plan to boost U.S. employment as the nation struggles to regain its economic footing.
The study was conducted by consulting firm Wood Mackenzie, and paid for by the American Petroleum Institute, and the findings were released on Wednesday. The consultants found that 1.4 million new jobs could be created through more oil and natural gas development.