API Statement on House Ways and Means Reconciliation Proposal

WASHINGTON, May 12, 2025 — American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the House Ways and Means Committee released its proposed markup of the 2025 tax reconciliation bill:

“We applaud the House Ways and Means Committee for their hard work in crafting a tax plan that supports American energy leadership. As this important process continues in Congress, we look forward to working with policymakers on a final, pro-growth tax package that enhances the pro-investment policies, accelerates innovation and advances global competitiveness.”

API represents all segments of America’s natural gas and oil industry, which supports nearly 11 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Our approximately 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.

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