The API, AXPC and EWTC have had their say. Several U.S. oil and gas associations have reacted after the Biden administration revealed that it was taking additional energy measures . American Petroleum Institute (API) President and CEO Mike Sommers said, “at a time when American energy can be a stabilizing force at home and abroad, we urge caution in continuing to rely on short-term efforts that are no substitute for sound long-term policies that enable American energy leadership”. “The administration should instead focus on addressing the fundamental economic and security challenges we face by spurring more investment in American energy, infrastructure and markets that enable U.S. consumers to benefit from America’s reliable energy resources,” Sommers added. American Exploration and Production Council (AXPC) CEO Anne Bradbury said, “the American people need real solutions to address rising energy prices as we face continued inflation”. “Pulling more crude from the Strategic Petroleum […]

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