BP America chairman and president Lamar McKay told a House panel in prepared testimony that America's economy, security and standard of living "significantly depend upon domestic oil and gas production."
McKay said that companies have operated in the Gulf safely and reliably. The Associated Press obtained a copy of his remarks prior to delivery.
McKay warned that reducing energy production without consumption would shift jobs offshore, and put millions of additional barrels onto tanker ships that travel across oceans.
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