API’s Jack Gerard highlights U.S. leadership on energy production and carbon emission reduction

WASHINGTON, August 30, 2016 – Today, API President and CEO Jack Gerard highlighted our nation’s global leadership in energy production and reducing carbon emissions. Gerard spoke ahead of Wednesday’s 20th annual Lake Tahoe Summit where President Obama is expected to address his legacy on environmental issues.

“Our nation is leading the world in the production of oil and natural gas and in the reduction of carbon emissions, which are near 20-year lows. It’s important to note that we are second to none in both,” said Gerard. “This reduction in carbon emissions is not driven by government regulation or international treaty, but by U.S. ingenuity and the power of the marketplace to drive change. President Obama’s legacy on the environment has yet to be written. In his last few months in office, the president has an opportunity to promote, not restrict, American energy production.”

Gerard’s full opening remarks, as prepared for delivery, from Tuesday’s call are available on the API website.

API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 650 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 30 million Americans.

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