The oil industry is joining the discussion surrounding the changing climate, as the U.S. is poised to make regulatory changes. "The U.S. needs a strong, consistent and mandatory national framework to manage carbon emissions," said James Mulva, CEO of ConocoPhillips, in calling for the industry to be active in the debate about greenhouse gases. API President Red Cavaney said the industry wants to participate as the U.S. government addresses the issue and comes up with "a regime."

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