American Petroleum Institute

American Petroleum Institute
Formation20 March 1919; 105 years ago (1919-03-20)[1]
13-0433430
Legal status501(c)(6)
HeadquartersWashington, D.C. (since 1969)[1]
Membership
Nearly 600 companies in petroleum industry
President and CEO
Mike Sommers[2]
Revenue (2022)
$239,392,392[3]
Expenses (2022)$241,637,261[3]
Websitewww.api.org

The American Petroleum Institute (API) is the largest U.S. trade association for the oil and natural gas industry. It claims to represent nearly 600 corporations involved in production, refinement, distribution, and many other aspects of the petroleum industry.

It has advanced climate change denial and blocking of climate legislation to defend the interests of its constituent organizations.[4][5]

The association describes its mission as "to promote safety across the industry globally and influence public policy in support of a strong, viable U.S. oil and natural gas industry".[6] API's chief functions on behalf of the industry include advocacy, negotiation and lobbying with governmental, legal, and regulatory agencies; research into economic, toxicological, and environmental effects; establishment and certification of industry standards; and education outreach.[7] API both funds and conducts research related to many aspects of the petroleum industry.[7][8]

  1. ^ a b Cite error: The named reference history was invoked but never defined (see the help page).
  2. ^ "Mike Sommers – President and Chief Executive Officer, American Petroleum Institute – Biography". Congressional Coalition on Adoption Institute. Retrieved October 18, 2018.
  3. ^ a b Roberts, Andrea Suozzo, Alec Glassford, Ash Ngu, Brandon (2013-05-09). "American Petroleum Institute - Nonprofit Explorer". ProPublica. Retrieved 2024-04-26.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ^ *"Minnesota sues Exxon, Koch and API for being 'deceptive' on climate change". Reuters. 2020-06-24. Retrieved 2021-10-17.
  5. ^ *"ExxonMobil lobbyists filmed saying oil giant's support for carbon tax a PR ploy". the Guardian. 2021-06-30. Retrieved 2021-10-17.
  6. ^ "Industry Mission". www.api.org. Retrieved 2020-07-01.
  7. ^ a b "About API". American Petroleum Institute. Retrieved March 29, 2012.
  8. ^ "API President and CEO". www.api.org. Retrieved August 2, 2019.