Friday Fact Check: Impacts of Oil and Gas Industry on the US Economy in 2019

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Alaska-Made Natural Gas And Oil Drives U.S. Economic Recovery, Strengthens All IndustriesAmerican Petroleum Institute, July 20, 2021 ANCHORAGE, AK, July 20, 2021—The American Petroleum Institute (API) today released a new analysis of the natural gas and oil industry’s vast economic impact on Alaska’s economy and highlighted its importance to the state’s post-pandemic recovery. The study, conducted by PricewaterhouseCoopers (PwC) and commissioned by … read more

Economy grows but misses expectations. Haaland accused of defying rules.

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NEWS OF THE DAY: U.S. economy grew at a 6.5% rate last quarter, missing expectationsCourtney Brown, Axios, July 29, 2021 The U.S. economy grew at an annualized 6.5% rate last quarter, the government said Thursday — slower than the 8.4% economists expected. Why it matters: It came as the economy made strides toward further reopening, vaccinations rolled out and government … read more

Vacuum of Leadership for Energy. Manchin/Murkowski grill Haaland.

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NEWS OF THE DAY: Bipartisan group reaches agreement on $1.2 trillion “hard” infrastructure billAlayna Treen, Axios, July 28, 2021 After weeks of long nights and endless Zoom calls, a bipartisan group of senatorsfinally reached a deal on “the major issues” in their $1.2 trillion “hard” infrastructure package, GOP senators involved in the talks announced Wednesday. Why it matters: It could be … read more