WASHINGTON, February 26, 2014 – A discussion draft of tax reform proposals from Ways and Means Committee Chairman Dave Camp could harm job creation and America’s energy and manufacturing sectors, said API President and CEO Jack Gerard in a statement today: …
WASHINGTON, February 20, 2014 ─ Total U.S. petroleum deliveries (a measure of demand) grew by 3.0 percent from January 2013 to 19.2 million barrels per day last month. “Last month’s cold weather created high demand for propane and heating oil,” said API …
WASHINGTON, February 20, 2014 – The oil and natural gas industry continues to work collaboratively with the Department of Transportation and America’s railroad industry to improve rail safety. To highlight actions being taken following a recent meeting …
Releases poll of public support for U.S. oil natural gas production WASHINGTON, February 11, 2014 – API President and CEO Jack Gerard congratulated U.S. Senators Mary Landrieu, D-La., and Ron Wyden, D-Ore., on their new committee chairmanships. “Senator …
WASHINGTON, February 11, 2014 ─ API Director of Upstream and Industry Operations Erik Milito welcomed today’s authorization by the Department of Energy of liquefied natural gas (LNG) exports from Cameron Parish, Louisiana and urged the agency to quickly …
WASHINGTON, February 6, 2014 ─ API welcomed a report from the U.S. Department of Commerce revealing that rapid growth in the U.S. oil and natural gas industry helped to make 2013 a record year for U.S. trade. In 2013, the total U.S. trade deficit shrank by …
WASHINGTON, January 29, 2014 ─ Preliminary results from a new study on exports of crude oil show that consumers can save money at the pump, according to API Vice President for Regulatory and Economic Policy Kyle Isakower. “This report shows what economists …
WASHINGTON, January 29, 2014 – EPA must roll back rising ethanol mandates, that put consumers at risk, until Congress can permanently repeal the program, API Senior Fuels Policy Advisor Patrick Kelly told reporters in a conference call to discuss comments …
WASHINGTON, January 28, 2014 – API President and CEO Jack Gerard laid out smart energy policies that President Obama can take unilaterally to achieve his State of the Union goal of relieving income inequality: “If President Obama has decided to take …
WASHINGTON, January 23, 2014 ─ Total U.S. petroleum deliveries (a measure of demand) rose by 5.8 percent from December 2012 to average nearly 19.2 million barrels per day last month. For the fourth quarter of 2013, petroleum deliveries increased by 4.6 …
WASHINGTON, January 16, 2014 – API President and CEO Jack Gerard made the following statement after meeting today with Secretary of Transportation Anthony Foxx, federal regulators, and representatives from the railroad industry to discuss ways to improve …
WASHINGTON, January 16, 2014 – Recent cold weather spells have helped to underscore the importance of America’s natural gas supply lines and ongoing infrastructure investments, API Chief Economist John Felmy told reporters on a conference call today: “ …
WASHINGTON, January 15, 2014 ─ Pipelines are extremely safe and efficient for transporting energy across the United States, the industry’s continual efforts to improve the safety of the nation’s network of crude and petroleum product pipelines have reduced …
WASHINGTON, January 10, 2014 – Oil well drilling rose in 2013 with total oil well completions up 5 percent from 2012, according to API's 2013 Quarterly Well Completion Report. “America’s oil industry expanded drilling in 2013 thanks in large part to …
WASHINGTON, January 8, 2014 – The American Petroleum Institute has promoted John Modine to vice president of its Global Industry Services (GIS) department, the division responsible for certification, training, events, publications and safety programs for …
WASHINGTON, January 7, 2014 - API President and CEO Jack Gerard outlined API’s advocacy and messaging priorities, issued a new report, andlaunched a new advertising campaign during his 2014 State of American Energy speech, which focused on the impact of …
WASHINGTON, December 23, 2013 ─ An estimated $153.7 billion was invested in drilling approximately 46,736 oil and natural gas wells in 2012, according to API’s 2012 Joint Association Survey on Drilling Costs. The investment represents a 23.1 percent …
WASHINGTON, December 19, 2013 ─ Total U.S. petroleum deliveries (a measure of demand) increased by 4.9 percent from November 2012 to average 19.4 million barrels per day last month. “Last month’s increase in demand reflected gathering strength in the …
WASHINGTON, December 18, 2013 – API welcomed the passage today of an agreement between the U.S. and Mexico to allow joint energy development projects along our shared maritime border as a part of the final approval of Congress’ budget deal. “The energy …
