Embracing America’s abundant oil and natural gas recourses, protecting consumer choice, and prioritizing affordability, reliability, and sustainability are core tenets of the American Petroleum Institute’s 2024 State of American Energy (SOAE) that will “keep the lights on” for consumers across the country. It’s no secret that U.S. oil and natural gas is the cornerstone
Read More...A new American Petroleum Institute report, prepared by PricewaterhouseCoopers, shows that America’s oil and natural gas industry touches the economy and labor force in every state in the country, contributing invaluable revenue and employment income to all 50 states. Commenting on the data, API President and CEO Mike Sommers said the report encourages lawmakers to
Read More...The American Petroleum Institute’s 2023 State of American Energy on Wednesday outlined three areas where sound policy could “make, move, and improve American energy,” making clear the resounding theme that “The Solution is Here” for energy security and economic growth. We must secure America’s energy independence. All of the above energy strategies provide us the
Read More...American Energy First, Please, Before Begging Saudi Arabia! George Stark Director, External Affairs Coterra Energy … .. [Editor’s Note: The American oil and gas industry has joined hands to write Joe Biden and tell him to choose American energy development before begging the Saudis for their oil.] Twenty-seven natural gas and oil trade organizations from
Read More...George StarkDirector, External AffairsCabot Oil & Gas … .. [Editor’s Note: The proposed Federal leasing ban would be completely counterproductive both environmentally and economically.] In September 2020, the American Petroleum Institute (API) introduce a report addressing the impact of a ban on federal leasing in the United States. Their analysis explains the burdens that a leasing and development ban
Read More...In a moment of refreshing honesty – or perhaps a Freudian slip – a major player behind the climate litigation campaign admitted that the goal is not to win lawsuits. Instead, the campaign is part of a politically motivated effort to gain access to, and publicize, internal documents from energy companies in an attempt to
Read More...On Wednesday, Minnesota became the latest state to file a climate lawsuit against the energy industry. This marks the first lawsuit of this kind to be filed after the failure of the New York Attorney General’s case against ExxonMobil last fall. At a press conference, Minnesota Attorney General Keith Ellison announced that his office was filing a civil consumer protection lawsuit against ExxonMobil, the American Petroleum Institute (API), and Koch Industries, as well as
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