WASHINGTON, November 14, 2014 ─ API welcomed final approval by the Department of Energy (DOE) for exports of liquefied natural gas (LNG) from the Freeport LNG terminal on Quintana Island, Texas. “Each export facility represents an opportunity to harness …
WASHINGTON, November 14, 2014 ─ API President and CEO Jack Gerard commended the strong bipartisan House passage of H.R. 5682 to approve the final leg of the Keystone XL pipeline and urged the president to demonstrate his concern for U.S. job creation by …
WASHINGTON, November 12, 2014 ─ API President and CEO Jack Gerard welcomed the Senate’s bipartisan decision to create a pathway for final Keystone XL pipeline approval. “American voters will finally be heard with tomorrow’s Congressional action to move …
WASHINGTON, November 12, 2014 ─ API President and CEO Jack Gerard strongly supports the latest bipartisan Senate effort to get the Keystone XL pipeline approved. “The bipartisan Senate legislation to approve KXL reflects the will of the American people,…
WASHINGTON, November 11, 2014 – The American Petroleum Institute announced today the publication of five recommended practices for the design, construction, and maintenance of offshore structures used in oil and natural gas drilling and production …
WASHINGTON, November 10, 2014 – The American Petroleum Institute (API) awarded its highest honor – the Gold Medal for Distinguished Achievement – to Clarence P. Cazalot Jr. in recognition of his outstanding leadership and service to the oil and natural gas …
API releases election night poll of actual voters WASHINGTON, November 5, 2014 – Ninety percent of voters on Tuesday recognize that increased production of domestic oil and natural gas resources could lead to more U.S. jobs, and 86 percent recognize it …
Springfield, IL, November 4, 2014 – The Illinois Petroleum Council (IPC) launched an ad campaign in Chicago warning consumers that the city’s proposal to require the sale of E15, a gasoline mixture containing 50 percent more ethanol than most cars were …
WASHINGTON, October 30, 2014 ─ Today’s report from the Energy Information Administration (EIA) confirms that lifting trade restrictions on U.S. crude oil could benefit U.S. consumers and promote America’s economic growth. “Trade restrictions on crude oil …
WASHINGTON, October 29, 2014 ─ Today’s report from the U.S. Energy Information Administration (EIA) confirms previous findings that higher levels of liquefied natural gas (LNG) exports would yield greater economic gains for the U.S. “The updated study …
WASHINGTON, October 30, 2014 – The U.S. energy renaissance has been driven by innovations in horizontal drilling and hydraulic fracturing, which were responsible for about 48 percent of U.S. oil production and shaved up to $0.94 per gallon from fuel prices …
WASHINGTON, October 29, 2014 – Despite EPA's conclusion that existing refinery regulations protect public health, the agency has proposed additional regulations that could cost an initial $20 billion and could actually lead to higher greenhouse gas …
WASHINGTON, October 21, 2014 – The owners of America's oil and natural gas companies are largely retirees and middle class Americans saving for retirement, according to a report by Sonecon, Who Owns America’s Oil and Natural Gas Companies, commissioned …
WASHINGTON, October 20, 2014 ─ This morning’s report from federal auditors at the Government Accountability Office (GAO) confirms the findings of numerous studies showing that removing export barriers for U.S. crude oil could incentivize higher domestic …
WASHINGTON, October 17, 2014 ─ Total U.S. petroleum deliveries (a measure of demand) decreased by 3.5 percent from September 2013 to average 18.6 million barrels per day last month. For the third quarter, petroleum demand fell by 0.9 percent from the same …
WASHINGTON, October 16, 2014 – Estimated U.S. natural gas well completions increased by 3 percent in the third quarter of 2014 compared to year-ago levels, according to API's 2014 Quarterly Well Completion Report, Third Quarter. “America’s oil and …
WASHINGTON, October 14, 2014 ─ API welcomed a new study by the Oil and Natural Gas Industry Labor-Management Committee that showed that industry spending in the Marcellus area on construction and maintenance grew over 60 percent between 2012 and 2013, …
DENVER, October 8, 2014 ─ A new study shows that, in 2012 alone, oil and natural gas development generated over $200 million for Colorado schools, supported nearly 94,000 Colorado jobs, and created over $23 billion in state economic activity. “Thanks to …
WASHINGTON, October 2, 2014 – The president’s economic address at Northwestern University celebrated the results of America’s energy revolution but omitted key steps forward, according to API President and CEO Jack Gerard. “We appreciate the president once …
WASHINGTON, October 2, 2014 – API is concerned the Obama administration is playing politics with the Renewable Fuel Standard (RFS), one of the nation’s most far-reaching energy policies, API Downstream Group Director Bob Greco told reporters in a …
