Small businesses need modern energy export policies

Published July 22, 2015 4:01am ET



While doom-and-gloom stories often monopolize today’s headlines, there is positive news to share about the U.S. economy. America’s energy renaissance is playing a significant role in transforming communities across the country. The energy industry is playing a critical role in growing our economy, offering opportunities for entrepreneurs and small businesses while keeping costs affordable. But more can be done to leverage America’s newfound energy leadership, which will strengthen our economy and international standing.

At a recent event hosted by the American Petroleum Institute I joined a panel of experts with various perspectives on energy. Though representing diverse constituencies — labor, entrepreneurs and small business, the minority community and veterans — we shared a vision on energy: The enactment of pro-development policies to enhance economic opportunity and growth. The panel discussed and commented on a newly-released report by Wood Mackenzie that examines the benefits that several pro-development policies would have for our economy, including energy exports.

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