|API Statement on President Biden’s Remarks on Gasoline Prices
WASHINGTON, October 19, 2022 — American Petroleum Institute (API) President and CEO Mike Sommers today issued the following statement in response to President Biden’s remarks on gasoline prices:
|API represents all segments of America’s natural gas and oil industry, which supports more than ten million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Our approximately 600 members produce, process and distribute the majority of the nation’s energy, and participate in API Energy Excellence®, which is accelerating environmental and safety progress by fostering new technologies and transparent reporting. API was formed in 1919 as a standards-setting organization and has developed more than 800 standards to enhance operational and environmental safety, efficiency and sustainability.
To learn more about API and the value of oil and natural gas, please visit API.org.
October 19, 2022