Carlton Carroll | 202.682.8114 | carrollc@api.org

WASHINGTON, January 11, 2012 – API Director of Regulatory and Scientific Affairs Howard Feldman called on the administration to reconsider its greenhouse gas regulations for refineries in light of EPA data released today:

"EPA's data confirm that there is no justification for it to impose new greenhouse gas New Source Performance Standards on refineries. Refineries continue to comprise a small fraction of the national greenhouse gas inventory and are already one of the most regulated industries in America.  Air quality continues to improve and we're doing our part.  

"The administration has long been talking about eliminating unnecessary regulations that could be harmful to the economy and job creation. The last thing we need now are more burdensome or unnecessary regulations that will create a drag on business efforts to invest, expand and put people back to work."  

EPA said that refineries represent only 6% of the emissions covered in today's data release on greenhouse gas emissions from major sources nationwide.

API represents more than 490 oil and natural gas companies, leaders of a technology-driven industry that supplies most of America's energy, supports 9.2 million U.S. jobs and 7.7 percent of the U.S. economy, delivers more than $86 million a day in revenue to our government, and, since 2000, has invested over $2 trillion in U.S. capital projects to advance all forms of energy, including alternatives.