About the American Petroleum Institute (API):
API represents more than 450 oil and natural gas companies,leaders o a technology-driven industry that supplies most o America’s energy, supports more than 9.2 million U.S. jobs and7.7 percent o the U.S. economy, and, since 2000, has investednearly $2 trillion in U.S. capital projects to advance all ormso energy, including alternatives, while reducing the industry’senvironmental ootprint.
Message from thePresident and CEO
Te State of American Energy
represents the oil and natural gas industry’sperspectives on the vital issues surrounding energy and environmental policy at a critical time to our nation’s economy.Trough this report, we examine ways in which the oil and natural gas industry is contributing to U.S. economic growth, job creation and energy security—andareas where we will contribute urther. We also provide recommendations on how industry and policymakers can work together to address our energy and economicchallenges through a combination o industry commitments and investments, as well as sound legislative and regulatory policies. API and our member companies remain committed to working with all stakeholdersin pursuing and implementing a thoughtul energy agenda. We look orward to a productive and successul year.Sincerely, Jack GerardPresident and CEO API