Logo API
printPrint

Access critical to addressing U.S. energy challenges: Cavaney

WASHINGTON – In a letter to Congress before the 4th of July holiday week, API President and CEO Red Cavaney talked about the impact of high prices on U.S. product deliveries, noting they were down “for the January-May period for the first time since 1991.” He said that strong world demand for crude oil was nonetheless keeping upward pressure on prices and that it was important to supply more of the oil and natural gas we consume from resources we could be developing here at home. “Our nation,” he concluded, “needs a much stronger commitment to energy efficiency, as well as all the economically viable energy that can be provided in an environmentally sound manner. There are no simple, quick solutions to our energy challenges, but bipartisan cooperation, in concert with industry and other stakeholders, can make a stronger energy future possible.”

Downloads

  • Media