SUGAR LAND--January 11, 2018--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Is Oil & Gas a high-tech industry? Jack Gerard, president and chief executive at the American Petroleum Institute (API) (Washington, D.C.), says yes. In his annual "State of American Energy 2018" address in Washington on Tuesday, Gerard highlighted the industry's increased reliance on advanced technology to safely and cost-effectively discover, extract, process and transport oil and natural gas, for the benefit of consumers and businesses.

Within this article: Excerpts from Gerard's wide-ranging speech on how the Oil & Gas Industry is developing.

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