Safe, regulated American oil and natural gas production is leading the world in providing a better life experience for the entire global population. The U.S. oil and natural gas industry has a long been a provider of some of the most essential elements of modern life improving – and even lifesaving – products and has now become an even greater force in improving the quality of life for millions of people, even in the most traditional impoverished places on Earth.
Thanks to the game-changing rise in efficient and abundant production of American natural resources, many are now pointing to fossil fuels as one of the most precious tools the world has to bring 21st century first-world quality of living to areas which have been unable to afford or maintain the standards most Americans have been able to rely upon for decades. And it is making an invaluable difference.
On this page, IPAA offers some perspective on the incredible power of petroleum products as well some of the recent analysis of what others are saying about the rise in fossil fuels and how it is improving the world economy in a way that no other source of energy or direct financial support could sustain.
The rise of clean-burning U.S. natural gas production and the standards by which it is safely and efficiently produced has not only helped boost affordable to energy and electricity resources, but has also aided in the worldwide movement for cleaner energy. Natural gas will have an increasingly critical role to play in helping the world meet its future energy demands. Here, we also point to the improved air quality and environmental stewardship that is being led by America’s oil and gas producers.
As opponents of oil-and-gas continue to attack the industry by waging symbolic campaigns aimed at forcing schools to divest their endowments of fossil-fuel related stocks, new research commissioned by IPAA, and authored by Prof. Dan Fischel of the Univ. of Chicago, suggests the costs associated with adopting such policies are likely to be enormous, resulting in the displacement of billions annually from school endowment funds – on top of hundreds of millions in new compliance and management fees.
Visit our website on divestment for fact sheets and news: www.divestmentfacts.com