Question and answer
What are the benefits of having oil?
The economic benefits provided to the nation by America's oil and natural gas industry far outstrip its earnings - and even rival the dollar value of the administration's 2009 stimulus package, [ said API's Vice President for Regulatory & Economic Policy Kyle Isakower in a media briefing today. "The power of this bedrock industry to create jobs and spur economic growth needs to be understood when people start talking about earnings," Isakower said. "Last year, the industry delivered benefits to the U.S. economy roughly equivalent to 60 percent of the government's 2009 stimulus package –
$476 billion in benefits from the industry versus $787 billion in planned stimulus expenditures by the government. That $476 billion is America's energy industry at work. It goes to new job-creating investment, wages for millions of Americans, and income to millions of retirees and other investors. It's three to four times what the industry earns in a year." The benefits – $266 billion in new investment in U.S. capital projects, $176 billion in wages, and $35 billion in dividends in 2010 – also spur growth in manufacturing, transportation, technology, accounting services and in most of the rest of the economy. "We make lives better in every city and county in every state in the union," Isakower said. "When our industry does well, so does America." ]
Expert answered|selymi|Points 9906|
Question|Rated bad
Asked 1/15/2013 12:57:50 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
s
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What does y equal in this problem? 1/30y – 9 = 6 A.45 B.–9 C.18 D.5
Weegy: 1/30y – 9 = 6; 1/30y = 15; y = 15*1/30; y = .5 (More)
Question
Expert Answered
Asked 1/9/2013 10:29:27 AM
0 Answers/Comments
Conflict can never be helpful. True or False
Weegy: Conflict can never be helpful. This is FALSE. Confilct conflicts carry negative connotations, but it is important, too. (More)
Question
Expert Answered
Asked 1/9/2013 3:41:22 PM
0 Answers/Comments
The most common violent crime is assault. True or False
Weegy: According to the FBI's Crime in the United States 2003, the most common violent crime was aggravated assault . That makes this statement True. (More)
Question
Expert Answered
Asked 1/9/2013 3:48:38 PM
0 Answers/Comments
Most conflicts for teens happen at home or at the mall. True or False
Question
Not Answered
Updated 5/23/2018 1:01:51 PM
1 Answer/Comment
Most conflicts for teens happen at home or at the mall. FALSE.
Added 5/23/2018 1:01:51 PM
This answer has been confirmed as correct and helpful.
This is the powdered color ingredient in paint. A.pigment B.binder C.solvent D.maquette
Weegy: A) Pigment is the powdered color ingredient in paint. (More)
Question
Expert Answered
Asked 1/10/2013 10:11:20 AM
0 Answers/Comments
34,028,105
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Whats is the First step in selective breeding
Weegy: 2 + 2 = 4
6/14/2021 2:03:46 PM| 5 Answers
Through which sense is rhythm best experienced in artworks?
Weegy: Rhythm is best experienced in artwork through the sense of sight. User: What is the meaning of life
6/16/2021 12:28:57 AM| 4 Answers
A strong negative feedback process can cause Earth's climate to reach ...
Weegy: A strong negative feedback process can cause Earth's climate to reach a state of balance.
6/20/2021 9:52:17 PM| 4 Answers
True or False: The higher the BAL, the higher the risk of a fatal ...
Weegy: The higher the BAL, the higher the risk of a fatal crash. TRUE. User: All of the information your brain ...
6/14/2021 7:12:01 PM| 3 Answers
which of the following sentences correctly uses a comparative ...
Weegy: George has a bigger appetite than Harry. -correctly uses a comparative adjective. User: adverbs can modify ...
6/22/2021 6:33:45 PM| 3 Answers
What are the overall powers of the legislative branch
Weegy: Legislative branch makes all laws, declares war, regulates interstate and foreign commerce and controls taxing ...
6/13/2021 1:16:55 AM| 2 Answers
When an incident occurs or threatens, local emergency manage ...
Weegy: The Incident Command System (ICS) and NIMS are the same, and these terms can be used interchangeably. FALSE. ...
6/13/2021 2:02:47 PM| 2 Answers
What Is Psychological Dependence
Weegy: Psychological dependence is generally meant to describe the emotional and mental processes that are associated ...
6/14/2021 1:33:36 AM| 2 Answers
When most people immigrated to America they
6/14/2021 4:08:50 AM| 2 Answers
S
L
Points 743 [Total 805] Ratings 3 Comments 713 Invitations 0 Offline
S
L
L
Points 718 [Total 5085] Ratings 8 Comments 638 Invitations 0 Offline
S
L
P
P
Points 505 [Total 2900] Ratings 0 Comments 505 Invitations 0 Offline
S
L
Points 319 [Total 319] Ratings 10 Comments 219 Invitations 0 Offline
S
L
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Points 287 [Total 4226] Ratings 22 Comments 67 Invitations 0 Online
S
L
Points 278 [Total 278] Ratings 0 Comments 278 Invitations 0 Offline
S
L
1
1
1
Points 208 [Total 2988] Ratings 11 Comments 98 Invitations 0 Offline
S
L
P
P
L
P
Points 186 [Total 6903] Ratings 6 Comments 126 Invitations 0 Offline
S
L
Points 173 [Total 366] Ratings 0 Comments 173 Invitations 0 Offline
S
L
Points 166 [Total 669] Ratings 7 Comments 96 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.