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American Petroleum Institute discuss New State of American Energy 2020 report

The New State of American Energy report has been released and Mike Sommers, President and CEO of the American Petroleum Institute discusses the results.

GRAND RAPIDS, Mich. — Natural gas and oil touches virtually every facet of our life – from heating our homes and fueling transportation to life-saving medical devices and cosmetics at the drug store.

The New State of American Energy report has been released and Mike Sommers, President and CEO of the American Petroleum Institute discusses the results.

"The work of the problem-solvers of our industry is never done. We are partnering with the best minds to meet the rising demand of affordable energy,” said API President and CEO Mike Sommers. “While driving progress on the serious challenges posed by climate change."

American Petroleum Institute is the only national trade association representing all facets of the natural gas and oil industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy.

API’s more than 600 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 47 million Americans.

API was formed in 1919 as a standards-setting organization. In its first 100 years, API has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.

To learn more about the API and the New State of American Energy report visit www.api.org.

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