Calling Out API & Big Oil as Enemies of Independent Shale Cos.

The gloves are off. Today we’re calling out the American Petroleum Institute and the Big Oil supermajors that control the API for their selfishness and shortsightedness. Apparently the supermajors have long wanted American shale and the plethora of smaller independents to just go away–so they (Big Oil) could once again control the world market for oil. The result of that philosophy, whether intentional or not, will be to allow foreign countries like Saudi Arabia and Russia to buy up OUR American shale companies, for themselves (see U.S. in Danger of Losing Our Shale Oil Industry to Other Countries). The API hides under the covering of “don’t interfere in free markets” in advising President Trump to not do anything to help American shale. That’s bunkum.

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