Oil industry pans Obama's State of the Union address

"It's unfortunate that the administration seems poised to stifle what remains one of America's strongest job creating industries," API President Jack Gerard said in a statement.

Gerard said the speech was a "missed opportunity" for the president to call for increased oil and gas drilling.

"The president focused on job growth through federal spending, but was silent on one of the best ways to create jobs: allow more energy development," Gerard said, adding later, "The oil and natural gas industry is a key driver of new jobs and economic prosperity Producing more oil and gas at home, which most Americans want, could create hundreds of thousands of jobs, reduce our deficit by billions, and enhance our energy security."