The American Petroleum Institute, commonly referred to as API, is the main U.S trade association for the oil and natural gas industry, representing about 400 corporations involved in production, refinement, distribution, and many other aspects of the petroleum industry. The association’s chief functions on behalf of the industry include advocacy and negotiation with governmental, legal, and regulatory agencies; research into economic, toxicological, and environmental effects; establishment and certification of industry standards; and education outreach. API both funds and conducts research related to many aspects of the petroleum industry.
An enormous effort is currently underway to contain and resolve the spill. Safety is a core value of the oil and natural gas industry. We follow and constantly improve best practices for safe offshore operations, including training, operational procedures, regulations,industry standards and technology. We remain committed to continually improving our strong safety record, and we take seriously our role in finding and producing energy for American consumers.
API has developed a Deepwater Horizon Q&A - Industry Safety and Responsibility page that addresses some of the news reports and questions about the incident. It also discusses industry standards and best practice documents that contain guidance and recommendations to address safety concerns.
Content is from the American Petroluem Institute.
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