Affordable and reliable energy is essential to the long-term health of the U.S. economy and the prosperity of American workers. Manufacturers are leading the way in investing in energy efficiency and new energy sources to help us meet future energy demands. America must expand access to our domestic energy supply in order to meet current needs for affordable energy.
Manufacturers support an energy strategy that embraces all forms of domestic energy production while expanding existing conservation and efficiency efforts. Oil, natural gas and clean coal remain essential contributors to America's energy security. The U.S. nuclear energy industry is well-positioned to expand its critical role in providing safe, affordable power. Alternative fuels and renewable energy sources like wind energy and solar power will also gain increasing importance in the future.
Developing domestic energy resources is critical to American energy independence, economic growth and job creation. For example, the Marcellus shale formation that runs from New York to West Virginia contains enough natural gas to make the United States energy independent for at least 14 years.