May 27, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--At a Thursday market briefing and question and answer session, executives with the American Petroleum Institute (API) (Washington, D.C.) and Energy Marketers of America (EMA) (Arlington, Virginia) had lots of concerns but few solutions for the high gasoline and diesel prices being seen at pumps throughout the U.S. During the Q&A session, when asked, "What can you offer the American public about when prices may come down?" both Frank Macchiarola, API's senior vice president of policy, economics and regulatory affairs, and Rob Underwood, president of EMA, didn't have many answers.
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