Manufacturers in Energy Supply Chain Cheer Executive Order

Washington, D.C., April 28, 2017 – National Association of Manufacturers (NAM) members and energy supply chain manufacturers Eric Meyers of Oil City Iron Works, Inc.and Ed Grand-Lienard of Special Products & Manufacturing, Inc. applauded President Donald Trump’s signing of an executive order directing the U.S. Department of the Interior to review options for opening up land for more energy exploration:

“As manufacturers in the energy supply chain, we thank President Trump for keeping his promise to address regulations and restrictions that cut off energy development and hurt small businesses.

“For manufacturers like Oil City Iron Works and Special Products & Manufacturing, this executive order will help us put more people to work making the castings, valves, pumps and oilfield equipment as well as welding and assembling the products needed to power new energy development and exploration in the OCS. These are critical jobs to ensuring access to affordable energy.

“We thank this administration for being in touch with manufacturers’ needs and how to make energy resources available here in the United States.”

A recent poll conducted on Election Day found that 80 percent of Americans support increased production of oil and natural gas resources located here in the United States. Analysis has found that opening areas in the Atlantic, Pacific and Eastern Gulf of Mexico could unlock as much as 3.5 billion barrels of oil, which translates into 840,000 jobs and roughly $70 billion in economic growth per year.

The NAM asked President Trump, in its “Competing to Win” document, to expand the areas available for exploration in the Gulf of Mexico, Atlantic and Pacific Outer Continental Shelf and off the coast of Alaska.

Learn more about the NAM’s efforts to secure an all-of-the-above approach to securing affordable energy here.

-NAM-


The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Related Tags: