Washington, D.C. – Continued responsible and sustainable development of natural gas will transform the energy industry, and by extension our economic future. The American Gas Association (AGA) today released Turning Principles Into Action, a report on natural gas resource development that points to responsible and sustainable practices in action. The report highlights three important areas: reducing environmental impacts, building trust with communities through responsible action and ensuring the appropriate authority and capacity of regulatory oversight.
“Consumers have benefited enormously from the lower prices and price stability that has come with the growth of our natural gas supply,” said Dave McCurdy, president and CEO of AGA. “Natural gas utilities, in their role a stewards of their local communities, recognize the importance of continuing to build on this strong domestic supply while also ensuring that the resource is produced in a sustainable and responsible manner.”
AGA published a set of resource development principles in May 2011 that called on producers of natural gas to engage stakeholders, establish best practices and, importantly, communicate their actions to the public. Turning Principles Into Action points to new and best practices that natural gas producers are developing and implementing on a daily basis.
“Our report is only the tip of the iceberg. Producers, state regulators, local officials and federal authorities have taken seriously the call to develop the abundant natural gas resource in the United States responsibly and sustainably. We look forward to their continued efforts and the benefits it will provide to our customers and our nation,” McCurdy said.
AGA was encouraged by President Obama’s State of the Union remarks highlighting the importance of natural gas in an innovative and clean energy future for the nation and issued a statement calling for policies that expand the use of natural gas, so that every American and our nation as a whole can benefit from this clean, abundant, domestic resource.