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Big oil calls proposed NAFTA agreement with Mexico encouraging
The Hill: One of the leading oil lobbyists said it is "encouraged" by news that the Trump administration has reached an agreement with Mexico to update the North American Free Trade Agreement (NAFTA).
The American Petroleum Institute (API) said Monday that the industry relies on open trade and modernized relationship with Mexico.
"We are encouraged that negotiators have reached a preliminary agreement to modernize our trade relationships,” said API President and CEO Mike Sommers in a statement. “America’s natural gas and oil industry depends on trade to continue to grow U.S. jobs and our economy, and deliver for consumers.”
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