The American Petroleum Institute (API) emphasized the U.S. role as an energy leader as it outlined steps lawmakers should take to “make, move and improve” the oil and gas industry at a recent event. 

“In the past year, the global energy crisis, driven by surging post-pandemic demand outstripping supply and exacerbated by Russia’s invasion of Ukraine, has shown that the world needs American energy leadership now more than ever,” said CEO Mike Sommers earlier this month. 

Sommers called on the 118th Congress to lift restrictions on natural gas and oil development in federal waters to meet increasing demand in the post-Covid-19 era. 

[Where are natural gas prices headed this summer? Understand current market fundamentals and what they might mean for prices down the...