At the recent American Petroleum Institute (API) Annual State of American Energy event in Washington, D.C., president and CEO Jack Gerard focused in his address on how the United States is currently leading the world in the energy arena with its “trifecta” of success in energy production, economic growth and reduction in greenhouse gas.

“In broad terms, the state of American energy is strong even during this time of realignment,” Gerard said. “The United States is more energy self-sufficient and has transitioned from an era of energy scarcity and dependence into a global energy leader.”

Gerard discussed how currently the global energy world is realigning with the United States, which is poised to remain a dominant global player. He emphasized that this development was “something unforeseen just a decade ago.”