Overview of API (COPM) - measurement activities

Conference · Fri Dec 01 04:00:00 EST 1995

OSTI ID:146366

Beckstrom, J C ^[1]

---

1. American Petroleum Inst., Washington, DC (United States)

The American Petroleum Institute was founded in 1919 as an outgrowth of the National Petroleum War Committee. That committee was comprised of U.S. oil industry leaders who worked together with the federal government to meet the tremendous demand for petroleum fuel during World War I. The experience demonstrated that, oil industry representatives could work together on common problems affecting the industry and still compete with one another in the marketplace. This in an important concept because under U.S. antitrust law, industry competitors can work together toward mutual objectives using API as the forum. API was the first national petroleum trade association to include all five of the major branches of the industry - exploration, production, refining, transportation and marketing. Today, API is the oil industry`s largest trade association with about 250 member companies. As a non-profit organization, API`s objectives, as set fort in its charter, are: (1) Promote the interests of the U.S. oil industry; (2) Encourage the development of petroleum technology; (3) Cooperate with government on matters of national concern; (4) Foster foreign and domestic trade in U.S. petroleum products; and (5) Inform government and the general public on matters affecting the petroleum industry.

• OSTI ID: 146366
• Report Number(s): CONF-950553--
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
COMPETITION
COOPERATION
MEASURING METHODS
ORGANIZING
PETROLEUM
PETROLEUM INDUSTRY
PLANNING
TRADE