The American Petroleum Institute (API) is the largest trade association representing the oil and natural gas industry in the United States. Founded in 1919, API advocates for policies that support the exploration, production, refining, distribution, and marketing of petroleum and natural gas products, and it develops industry standards to promote safety and operational efficiency.
API typically supports legislation and regulatory policies related to domestic energy production, offshore and onshore drilling, pipeline infrastructure, tax policy affecting energy companies, environmental and emissions regulations, energy exports, and workforce development within the oil and natural gas sector.
API is primarily funded through membership dues and contributions from oil and natural gas companies.
Member companies include major integrated oil companies such as ExxonMobil, Chevron, BP, Shell, and ConocoPhillips, as well as numerous independent producers and service providers.
Trade association