Energy Tomorrow is brought to you by the American Petroleum Institute (API), which is the only national trade association that represents all aspects of America's oil and natural gas industry. Our more than 500 corporate members, from the largest major oil company to the smallest of independents, come from all segments of the industry. They are producers, refiners, suppliers, pipeline operators and marine transporters, as well as service and supply companies that support all segments of the industry.
In mid-April, the Securities and Exchange Commission (SEC) is expected to decide how to interpret a new law that is aimed at encouraging more transparency. The SEC's decision-making is critically important to publicly-traded oil companies. The ruling either could allow U.S.-listed oil companies to compete effectively against larger, nation-controlled oil companies for energy resources around the globe, or it could force U.S. companies to divulge information that could give a competitive advantage to companies such as the Chinese-controlled CNOOC.