100 Years: A Modern Industry
In late 1969, API made the decision to move its offices to Washington, D.C. where we remain today.
API is the only national trade association representing all facets of the natural gas and oil industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API’s more than 600 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 47 million Americans. In one generation, the United States has gone from steadily growing energy dependency to a nation that’s largely in control of its energy destiny. Natural gas and oil now drive the U.S. and world economies, and energy analysts project they will continue in that leading role for decades to come. This industry is changing our country’s narrative and altering its trajectory in historic terms, supplying the foundation for modern life and providing the fuel, power and products that make everyday life safer, healthier and more comfortable.
America’s natural gas and oil industry not only creates jobs, but also lifts entire communities, revitalizes manufacturing, strengthens U.S. security and develops the technology of the future; all while leading the charge in solving complex challenges.
That’s why the United States leads the world in both producing natural gas and oil, and in reducing greenhouse gas emissions. The old paradigm of energy and economic growth interlocked with increased emissions has been replaced. Today, growth and decreased emissions have occurred together. U.S. carbon dioxide emissions have plunged to their lowest level in a generation, while CO2 emissions around the globe have risen 50 percent since 1990.
This is where we are today. We are freer and more secure as a nation, able to plan for an optimistic future and global leadership because of abundant, secure domestic natural gas and oil.