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American Petroleum Institute Plans Election-Year Blitz in the Face of Climate Policy Pressure

Inside Climate News · By Marianne Lavelle · last updated
The massive oil industry group will take on Biden policies, argue for fossil fuel expansion as part of the greenhouse gas solution.

By Marianne Lavelle

The nation’s leading oil and gas industry group made clear this week that it will use the 2024 election as a platform to campaign for its own future.

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Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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