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Co Tenancy Agenda v2

WASHINGTON, October 17, 2018 – API issued the following statement regarding EPA’s release of data from Greenhouse Gases Reporting Program report today, which continues to show a downward trend in GHG emissions even as U.S. oil and natural gas production grows dramatically.

“The United States leads the world both in natural gas and oil production and in cutting GHG emissions—clean natural gas produced through advanced technologies like hydraulic fracturing is playing a significant role in driving carbon dioxide emissions to 25-year lows,” said API Senior Director of Regulatory and Scientific Affairs Howard Feldman. “Americans have the cleanest air in decades due in part to the increased use of natural gas to generate electricity, demonstrating that environmental protection and economic growth are not mutually exclusive.

Major weather events in recent years have demonstrated a growing need for diversifying America’s petrochemical industry.

A year ago this week, Hurricane Harvey hit Texas — and within six days, 27 trillion gallons of rain had fallen on the region. Winds reaching up to 135 mph tore through the nation’s fourth-largest city, devastating Houston and the Gulf Coast.

The West Virginia oil and natural gas industry has been identified by some as a source to fund annual cost increases of $50 million for the Public Employees Insurance Agency.

In a recent commentary, Jay O’Neal, treasurer of the Kanawha County chapter of the West Virginia Education Association, wrote “there is plenty of money available to PEIA without hurting working West Virginians. It’s just a matter of priorities.”

Mr. O’Neal advocates an increase in the natural gas severance tax as a source to fund PEIA, as he believes revenue from the resource will continue to increase. Contrary to Mr. O’Neal’s statement, an increase in the natural gas severance tax would be certain to hurt working West Virginians, as well as the state itself.

CLARKSBURG — Eight energy companies have committed to a plan aimed at reducing the environmental impact of natural gas pipeline construction.

Dominion Energy, Enbridge, EQT Midstream Partners, Kinder Morgan, NiSource, Southern Company Gas, UGI Energy Services and Williams have announced plans to follow the guidelines of new report titled “Improving Steep-Slope Pipeline Construction to Reduce Impacts to Natural Resources.”

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