This strategy is a blueprint for competitiveness that will unleash the economy and manufacturing’s outsized multiplier effect. Importantly, manufacturers’ aspirations—the four goals laid out in the pages that follow—are ones that all Americans who want to maintain our country’s economic advantage can rally around.
Administration’s New Fracking Regulations Send Mixed Messages
Proposed Rule Adds Regulations That Are Already in Place at the State Level
Washington, DC, 05/04/12 - National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement on the proposed Bureau of Land Management hydraulic fracturing regulations on federal lands:
“Manufacturers are scratching their heads, curious why the Administration’s actions do not match their words on the potential of shale gas. White House officials previously indicated that they understood the game-changing opportunity for manufacturers and the potential to create 1 million manufacturing jobs, but it’s clear they don’t truly get it. The new regulations out of the Administration today will unnecessarily slow down an affordable source that is driving growth.
The states are already effectively regulating hydraulic fracturing. New federal rules will be confusing and duplicative and will add unnecessary regulatory burden for energy producers. Shale development has a tremendous upside for manufacturers, the 12 million people who work directly in U.S. manufacturing and our entire economy. It’s time the Administration’s actions reflect its rhetoric so that we can begin to include shale development as an essential part of a real all-of-the-above energy strategy. We urge the Department of Interior to carefully reconsider these proposed regulations and the impact on such a vital industry.”