American Petroleum Institute

Overview

The American Petroleum Institute (API) is a membership organization based in the United States, founded in 1919, and currently employs between 501 and 1,000 individuals. The organization primarily operates within the energy sector, focusing on the oil and natural gas industries. API engages in various activities, including advocacy, research, and the development of industry standards. One of its published documents, titled "Economic Impacts of Oil and Gas 2021," provides an analytical report that examines the economic contributions of the oil and gas sector. This document reflects API's commitment to providing data-driven insights into the industry's economic impacts, showcasing the significance of oil and gas in the broader economic landscape. The organization aims to inform stakeholders and the public about the role of the energy sector in economic growth and development. Through its research and publications, API seeks to support informed decision-making and promote understanding of the industry's contributions to the economy.

Industry