Document pGNzD22yNnnmwLv72rzx4oVj

To: leila_getto@ios.doi.gov[leila_getto@ios.doi.gov] From: Jack Gerard, API Sent: 2018-01-25T09:26:15-05:00 Importance: Normal Subject: U.S. Energy Security Benefits from North American Energy Trade Received: 2018-01-25T09:26:53-05:00 Click to view this email in a browser Dear Leila, As the latest round of negotiations on the North American Free Trade Agreement (NAFTA) takes place this week in Montreal, negotiators for the U.S., Canada and Mexico are considering a number of complex issues with implications for multiple economic sectors. When it comes to energy, the facts are pretty straightforward. Energy trade flows facilitated by NAFTA generate U.S. economic growth and make our nation more energy secure. Canada and Mexico are among our best energy customers, purchasing more than 650 million barrels of crude oil and refined products in 2016. That economic activity generates jobs and growth not just in the energy production sector but in related industries like infrastructure construction and businesses throughout the supply chain. At the same time, access to energy from our continental neighbors enhances U.S. energy security. The United States leads the world in production and refining of natural gas and oil, supplying affordable and reliable energy to American homes and businesses. Our trading partnerships with Canada and Mexico provide a stable source of additional energy that reinforces the buffer we've built against overseas disruptions. North America could be self-sufficient in terms of liquid fuels as soon as 2020. The integrated and interdependent energy markets we enjoy with Canada and Mexico play a critical role in our progress toward that energy security milestone. Maintaining priorities shared by the oil and natural gas industries in the U.S., Canada and Mexico investment certainty, strong investment protections, tariff-free trade and open access to all three countries' energy markets - is critical to sustaining the energy benefits NAFTA provides. Modernizing NAFTA is a complex challenge. As negotiators work toward agreement, maintaining energy trade policies that help keep energy affordable and secure for U.S. consumers should be a priority. Sincerely, Jack N. Gerard President & CEO API Natural Gas and Oil: Powering Past Impossible Natural gas and oil supply the power and the molecular building blocks to lead our country to a more prosperous future, one in which Americans have the means to continue powering past seemingly impossible challenges. From everyday products to medical advances, from manufacturing growth to national security, leam more about the many ways natural gas and oil help the U.S. Power Past Impossible. Follow our Blog to stay up-to-date To stay up-to-date on the latest energy-related news, there is no better place to check than the Energy Tomorrow Blog. About API: API is the only national trade association representing all facets of the oil and natural gas industry, which supports 10.3 million U.S. jobs and nearly 8 percent of the U.S. economy. API's more than 625 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation's energy and are backed by a growing grassroots movement of more than 40 million Americans. To learn more about API and the value of oil and natural gas, please visit API.org. Click to view this email in a browser If you no longer wish to receive these emails, please reply to this message with "Unsubscribe" in the subject line or simply click on the following link: Unsubscribe Jack Gerard, API 1220 L Street, NW Washington, DC 20005 US