Description: The American Petroleum Institute (API) is the largest U.S. trade association for the oil and natural gas industry, representing major and independent companies. API advocates for industry interests, develops technical standards, promotes safety and operational best practices, and engages in public policy, regulatory and communications efforts related to energy production, transportation and refining. Type: Trade association (501(c)(6) nonprofit) Policies: Advocates for energy and natural gas policy favorable to the petroleum sector, regulatory and permitting reform, infrastructure and pipeline approvals, tax and trade policies affecting oil and gas, industry safety and technical standards, petroleum product specifications, and industry-favorable approaches to climate and emissions regulation and technology deployment. Funding: Primarily funded by membership dues and fees from oil, gas and petrochemical companies and related industry members. Affiliates: Major member companies (e.g., ExxonMobil, Chevron, Shell, BP, ConocoPhillips, Valero), state and regional petroleum associations, and senior leadership (e.g., API president/CEO and board members drawn from member companies).
