API, Labor Unions Sign Historic Jobs Promotion Agreement

The American Petroleum Institute and 15 labor unions announced today the historic creation of the Oil and Natural Gas Industry Labor-Management Committee, which will work to promote job retention and growth.

The committee will seek to preserve and create jobs by promoting innovative and affordable access to energy that is vital to the American economy. This is the first time that the oil and natural gas industry and its labor unions have agreed to work together formally through a labor-management committee.