API Outlines Path to Affordable, Reliable and Cleaner Energy Future

The American Petroleum Institute (API) hosted Tuesday its annual State of American Energy address. It outlined actions the natural gas and oil industry is taking to support the nation’s economic recovery and a vision for an affordable, reliable, and cleaner energy future.

According to a press release, API President and CEO Mike Sommers headlined the event that drew more than 2,000 virtual attendees and featured young professionals and local energy leaders, including a New Mexico teacher and Pennsylvania-based union trade leader.

“President Biden will lead our nation at a time of abundant American energy development, strengthened security, lower household energy costs, and record performance on emissions reductions,” API President and CEO Mike Sommers said. “We stand ready to work together with lawmakers and the administration to usher in policies that accelerate U.S. investment and American job creation, deliver reliable energy and fewer emissions, and support America’s economic recovery.”

“No nation anywhere has reduced annual greenhouse gas emissions more than we have in the United States,” Sommers said. “Over the last decade, our nation achieved the largest-ever decline in energy-related greenhouse gas emissions. Change is in motion, and it’s a long arc as the majority of the world’s energy needs are projected to come from natural gas and oil far into the future.”

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In addition to API President and CEO Mike Sommers and API Executive Vice President and Chief Operating Officer Amanda Eversole, the event featured Barbara Burger, vice president of innovation and president of technology ventures at Chevron Corporation; National Newspaper Publishers Association President and CEO Dr. Benjamin F. Chavis, Jr.; Steamfitters Local 420 Business Manager Jim Snell; Ashley Niman, a 4th-grade teacher in Sandoval County, New Mexico; and young professionals from natural gas and oil companies, including Apache, EagleClaw Midstream, Phillips 66, Siemens and TC Energy.

During the presentation, Sommers announced the launch of API Energy Excellence, which establishes benchmarks on safety, security, and environmental protection that every API member will be expected to pursue and reach.

API Energy Excellence defines superior and ever-improving performance that will unify the industry’s future progress in critically important areas to the nation, local communities, and the industry itself.

Core elements range from safety culture and community engagement to employee training and equipment design and aim to accelerate safety and environmental progress by sharing best practices and new technologies and annual progress reporting.

“With this new program, we’re creating a roadmap for accelerating performance across all segments of our industry,” Sommers said. “For nearly a century, API’s standards have supported the safe and environmentally responsible development, production, and transportation of natural gas and oil operations. API Energy Excellence is the next big step.”