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US oil industry sees hope for the future

The leader of the industry's largest interest group in the US describes Trump's upcoming presidency as an opportunity that only comes once in a generation. The goal is more drilling permits at sea. 

Jack Gerard, Chairman of the American Petroleum Institute. | Photo: David Zalubowski/AP Photo/Polfoto

American Petroleum Institute – the largest oil and gas lobby in the US – is preparing to lobby the coming Trump government for more lenient drilling permits at sea, writes Financial Times.

Jack Gerard, the chairman of American Petroleum Institute, calls the government change and the Republicans' coming dominance in Congress an opportunity which only arises once in a generation.

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