API Statement on Secretary Granholm’s Visit to Mexico
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WASHINGTON, January 20, 2022 – The American Petroleum Institute (API) issued the following statement from Vice President of Corporate Policy Stephen Comstock regarding U.S. Secretary of Energy Jennifer Granholm’s visit to Mexico to reinforce the importance of U.S.-Mexico energy trade relations.
“The U.S.-Mexico-Canada Agreement provides a critical framework for free and fair trade across North America. Mexico, in particular, is the largest export destination for U.S. natural gas and refined products. Unfortunately, Mexico continues to undermine this agreement with discriminatory policies that favor state-run energy companies while hindering private investment and putting U.S. companies and workers at a disadvantage.
“We welcome Secretary Granholm’s efforts to engage with the Mexican government and reinforce the mutual benefits of continued trade flows and energy investments can deliver for both Mexico and the United States. Today’s meetings are a good first step in addressing Mexico’s non-compliance with USMCA, and we urge the administration to consider more formal enforcement action.”
API represents all segments of America’s natural gas and oil industry, which supports more than 11 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Its nearly 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 700 standards to enhance operational and environmental safety, efficiency and sustainability.