API and ACP Applaud USMCA Energy Consultations with Mexico
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WASHINGTON, July 20, 2022 — American Petroleum Institute (API) President and CEO Mike Sommers and American Clean Power Association (ACP) CEO Heather Zichal today released the following joint statement after the Office of the United States Trade Representative (USTR) announced that it is requesting formal consultations with Mexico under the United States-Mexico-Canada Agreement (USMCA) over Mexican President Andres Manuel Lopez Obrador's energy sector policies:
“Today’s announcement by the Biden administration represents a significant step forward in addressing Mexico’s alarming energy sector policies, which not only violate the country’s commitments under USMCA, but also undermine the integration of North American energy markets and jeopardize our shared climate goals.
“The Mexican government’s escalating pursuit of discriminatory policies that favor state-run energy companies and hinder private sector investment directly threatens the prosperity of U.S. companies and their workers. We applaud Ambassador Tai for making this request and reinforcing the mutual benefits of continued international trade and energy investments can deliver for both Mexico and the United States.”
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. Our 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 800 standards to enhance operational and environmental safety, efficiency and sustainability.
American Clean Power (ACP) is the voice of the clean power industry that is powering America’s future, providing cost-effective solutions to the climate crisis while creating jobs, spurring massive investment in the U.S. economy and driving high-tech innovation across the nation. We are uniting the power of America’s renewable energy industry to advance our shared goals and to transform the U.S. power grid to a low-cost, reliable and renewable power system.