WASHINGTON – AXPC CEO Anne Bradbury released the following statement after a meeting with President Trump today that included CEOs of U.S. independent producers of oil and natural gas:
“U.S. independent producers are thankful for what President Trump and his Administration are doing to support our industry. As we are grappling with depressed demand and an oversupply that is squeezing U.S. independent producers, we must remember that this is about something much bigger than just our industry.
“The combination of U.S. independents’ perseverance and the regulatory environment fostered by the Trump Administration has achieved something once thought impossible – American energy independence.
“If we lose our energy independence, we will have to rely on oil from the Middle East and natural gas from Russia, which hurts our ability to negotiate and will significantly drive up energy costs, forcing manufacturers and small businesses to close – further hurting jobs and our economy.”
About the American Exploration & Production Council:
AXPC is a national trade association representing 25 of the largest independent oil and natural gas exploration and production companies in the United States. Dedicated to safety, science and technological advancement, AXPC members strive to deliver affordable, reliable energy to consumers while positively impacting the economy and the communities in which we live and operate. Learn more at https://www.axpc.org/