The American Petroleum Institute said there is still more work to do as U.S. lawmakers work to craft legislation that matches the shale energy landscape. “The last major energy legislation was crafted in 2007, and important changes are needed to unlock the full economic and security benefits made possible by America’s energy revolution,” API Executive Vice President Louis Finkel said in a statement. A House energy subcommittee unanimously passed a measure to modernize U.S. energy infrastructure and “bolster America’s energy security and diplomacy.” Lawmakers and industry supporters are pressing for new policies to reflect the gains in U.S. oil and natural gas production, drawn largely from shale basins in states like Texas and North Dakota. […]