American Petroleum Institute
EPA Power Plant Emissions Standards (Final Rule)
Rule threatens natural gas power plant economics. API member companies operating 340+ gas-fired power plants face combined $8.2B in retrofit or replacement costs. CCS technology not commercially proven at required scale.
FY2026 National Defense Authorization Act (NDAA)
Strategic Petroleum Reserve replenishment provisions and energy security language benefit domestic production. No direct regulatory impact but signals bipartisan support for energy independence.
Executive Order — Section 301 Tariff Review (China Trade)
Energy equipment tariffs (drill pipe, valves, pumps) under review. API members source $2.4B in Chinese-manufactured oilfield equipment. Potential tariff reduction benefits upstream economics.
FERC LNG Export Permitting Reform Act
Streamlined LNG permitting supports API member companies' upstream production demand. U.S. LNG export growth requires 15 Bcf/d additional gas production by 2030 — benefiting API producer members.