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API: America’s energy sector needs more investment

Published by , Editorial Assistant
Hydrocarbon Engineering,

The American Petroleum Institute (API) has released the following statement from API Executive Vice President and Chief Advocacy Officer, Amanda Eversole, ahead of an expected Senate vote on a Congressional Review Act repeal of a Department of Labor rule.

“API agrees that America’s economy and energy sector needs more investment, not less. We support this bipartisan legislation that would require investment decisions by pension funds to prioritise financial returns for Americans.”

  • America’s oil and natural gas companies are focused on producing energy resources that are cleaner, safer and better every day, and sharing standards to improve operations in communities around the world.
  • The industry has led the way in establishing consistent, comparable sustainability reporting, while promoting free markets and free trade as the cornerstone of innovation and investment.
  • API remains committed to advancing policy solutions that ensure continued access to affordable, reliable American energy while tackling the climate challenge, as it advocates for in the Climate Action Framework.

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