Two Top O&G Trade Groups to Merge: ANGA & API
The low price of oil and natural gas affects more than drillers and landowners--it even affects trade (i.e. advocacy) associations. For months going on years, the scuttlebutt has been that America's Natural Gas Association (ANGA) might merge with the more flush American Petroleum Institute (API). Yesterday the two organizations announced that indeed they will merge, as of January 1st. Drillers are looking to cut expenses anywhere and everywhere they can--including paying less money to trade associations. This merger was a financial necessity for the relatively young ANGA (founded in 2009)...
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