API urges Trump to slash regulations, revamp permitting

By Carlos Anchondo | 11/13/2024 06:47 AM EST

The American Petroleum Institute released a road map of goals on everything from methane emissions to gas exports.

Mike Sommers talks.

Mike Sommers, CEO of the American Petroleum Institute. Nathan Howard/AP

The country’s largest oil and gas trade group is calling on President-elect Donald Trump to take a machete to federal regulations it sees as burdensome and overhaul how energy projects are permitted.

In a policy blueprint released Tuesday, the American Petroleum Institute said the incoming Trump administration should work with Congress to rescind a fee on excess methane emissions from the oil and gas sector, repeal EPA tailpipe rules meant to encourage the use of electric vehicles, and grant approvals to send liquefied natural gas abroad.

The road map was addressed to the incoming Trump administration and the next Congress.

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Last week’s election results show that voters “want an all-of-the-above approach to energy, not government mandates and restrictions,” said Mike Sommers, API’s CEO, during a Tuesday call with reporters.

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