API welcomes Obama's energy policies

April 16, 2012 at 9:32 AM
Sign up for our Energy Newsletter

WASHINGTON, April 16 (UPI) -- Streamlining the oversight of natural gas development in the United States means good things for the domestic energy sector, a trade group said.

U.S. President Barack Obama, in an executive order, created an interagency group tasked with overseeing the domestic natural gas sector.

Jack Gerard, president and chief executive officer at the American Petroleum Institute, said he welcomed the initiative but added the government should look to state regulations for developments in the shale natural gas sector.

"We have one of the largest known reserves of natural gas in the world and we need public policies based on sound science in order to develop this affordable source of energy," he said.

Bob Perciasepe, deputy administrator for the Environmental Protection Agency, said that, with the United States entering a "new era" of energy, the Obama administration was looking for the best ways to ensure energy gains are made safely and responsibly.

"We will continue to rely on the best available science to oversee the responsible development of these energy sources," he said in a statement.

The U.S. Environmental Protection Agency is working on new pollution standards aimed at decreasing the amount of volatile organic compounds released into the air from natural gas development. The proposals are expected to be announced later this week.

Related UPI Stories
Topics: Barack Obama
Latest Headlines
Trending Stories
Madeleine Albright: 'Special place in hell' for women who don't support women
Watch every star-studded Super Bowl 50 commercial
Islamic State crucifies teen in Syria
Early human ancestor didn't have a nutcracker jaw
Elton John rides with James Corden for Carpool Karaoke