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President Obama recognises benefits of natural gas

LNG Industry,

America’s Natural Gas Alliance (ANGA) has welcomed President Obama’s State of the Union Address.

Marty Durbin, President and CEO, commented: "We welcome President Obama's continued recognition of the benefits that natural gas and our nation's energy renaissance more broadly, are providing for all Americans. It is clear that the president understands the role natural gas plays in meeting our nation's economic and environmental needs."

America’s energy resources

"Few could have predicted, when President Obama first took office in 2009, just how profoundly America's vast energy resources would figure into his eight years in office. But the shale energy revolution, in both natural gas and oil, will be inextricably and positively linked to this time period.

"We are disappointed the administration chose to regulate methane emissions using a mandate that will take years to implement, rather than a cooperative approach with the industry that we believe would ultimately result in greater emissions reductions in a shorter timeframe.

Reducing emissions

"The president himself has singled out natural gas as a critical component of his long-term economic and climate strategies, and increased use of natural gas use throughout the economy has been critical to reducing greenhouse gas emissions to near 20-year lows and dramatically reducing air pollution. It also has created many thousands of American jobs and saved consumers substantial money on energy bills.

"We stand ready to work with the administration, Congress and policymakers around the country to see that our nation capitalises on the many environmental, economic and national security benefits offered by natural gas. Our nation can continue its economic growth and contribute to prosperity around the world by allowing this American energy revolution to take hold."

Adapted from press release by Katie Woodward

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