Position Statements
Oil & natural gas industry position on TTIP
Global trade and investment regimes are of critical importance. Free trade provides opportunities for business growth and expansion; increases the range of oil, natural gas, and other petroleum products available to consumers; enhances market-based production globally; and contributes to global energy cooperation. API and OGP believe these ends can only be achieved by eliminating impediments imposed on international oil and natural gas producers, fostering a pro-export environment, and maintaining a level playing field among industry sectors by reducing trade barriers that distort the market and raise costs to consumers.