“The American Petroleum Institute (API) has represented the larger integrated oil companies since its founding just over a century ago. … API supported state-level market-demand proration in the 1920s and 1930s forward, and today it supports government subsidies for what its members can do in the name of climate change, such as carbon capture and storage. … That has now changed. The global energy crisis, and energy problems at home, have given oil and gas a wide opening.”

Originally published here at Master Resource on 27 June 2022.