Published: November 16, 2016 |

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American Petroleum Institute (API) President and CEO Jack Gerard said that he expects friendly policies from newly elected US president Donald Trump for oil and gas industry to boost jobs.

“We look forward to working with the new administration on smart energy policies that protect the United States as the global leader in oil and natural gas production, development, and refining, as well as in reducing carbon emissions.

“We are second to no one and we can build on this success by joining together with policies that embrace our nation’s energy renaissance including increased energy production and infrastructure development while rejecting policies that could potentially harm job creation or raise costs on American consumers and businesses.” said Gerard.

API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 625 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms.

They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 30 million Americans.

Source: (November 11, 2016) Energy Business Review

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