WASHINGTON, September 17, 2015 ─ A majority of U.S. voters of all political persuasions agreed that the years of Keystone XL delay have hurt our energy security and economy, according to a new poll conducted for API by Harris Poll. API Downstream …
WASHINGTON, September 16, 2015 – API welcomed reports that Senate Majority Leader Mitch McConnell (R-Ky.) would join with bipartisan leaders to advance legislation lifting restrictions on U.S. crude oil exports. The announcement adds momentum to similar …
WASHINGTON, September 15, 2015 – API urged the administration to reconsider its position, as outlined by a White House spokesman today, that Congress should leave crude oil export decisions to the Commerce Department. “The administration has an …
WASHINGTON, September 14, 2015 – Ahead of tomorrow’s congressional hearing in New Orleans, API highlighted the importance of offshore oil and natural gas development to the region’s economic development. “The oil and natural gas industry supports hundreds …
Zachary Cikanek | cikanekz@api.org | 202.682.8114 WASHINGTON, September 10, 2015 – API welcomed progress by House lawmakers on legislation to lift 1970s-era restrictions on crude oil exports. A bipartisan bill to lift the ban, H.R. 702, was approved today …
WASHINGTON, September 9, 2015 – API has launched a new series of ads (available here and here) highlighting the broad economic and national security benefits of crude oil exports. “We’re speaking directly to the consumers and workers who will benefit …
WASHINGTON, September 9, 2015 – The statutory biofuel mandates under the Renewable Fuel Standard (RFS) are infeasible to achieve in 2015 and beyond and could cause severe harm to consumers and the U.S. economy, according to a study by NERA Economic …
WASHINGTON, September 3, 2015 – Oil and natural gas company stocks outperformed all other asset classes held by college and university endowments, according to a new study conducted by Dr. Robert Shapiro, chairman of the economic consulting firm Sonecon, …
WASHINGTON, September 1, 2015 ─ Consumers could save on fuel costs if policymakers act now to lift trade restrictions on U.S. crude oil, said API, citing a new report from the U.S. Energy Information Administration (EIA). “The EIA report provides a …
WASHINGTON, August 31, 2015 – API is concerned the Obama administration is rushing potentially the most expensive regulation in history through a shortened review process, API Senior Director of Regulatory and Scientific Affairs Howard Feldman said after …
WASHINGTON, August 20, 2015 – Total petroleum deliveries (a measure of demand) grew by 2.2 percent from July 2014 to average nearly 19.6 million barrels per day last month, according to API’s Monthly Statistical Report for July 2015. “Demand for and …
WASHINGTON, August 18, 2015 – EPA’s proposal for additional methane regulations on oil and gas wells and transmission are duplicative, costly, and undermine America’s competitiveness. The industry has already led the significant reduction in methane …
WASHINGTON, August 14, 2015 ─ Wider trade of crude oil with Mexico, as the U.S. Commerce Department announced it will approve, delivers just a portion of the economic benefits that could be generated by lifting all outdated restrictions on U.S. energy …
WASHINGTON, August 13, 2015 – EPA’s proposal to change ozone air quality standards is costly and unnecessary to continue improving air quality, 370 state trade associations from across the country, including API’s state petroleum councils, told White House …
WASHINGTON, August 5, 2015 ─ Today’s mid-year trade report from the U.S. Commerce Department shows that the oil and natural gas industry continues to drive U.S. economic gains in 2015, a trend that could accelerate under free trade policies, said API Chief …
WASHINGTON, August 4, 2015 ─ API urged candidates at the upcoming presidential debates to outline their vision for harnessing the economic and national security opportunities created by America’s energy revolution. “We can pursue an American future of …
WASHINGTON, August 3, 2015 – The EPA’s final power plant rule imposes unnecessary costs on states and U.S. consumers, particularly poorer communities, while overlooking the proven, market-driven potential of natural gas to help reduce emissions, said API. …
WASHINGTON, July 30, 2015 ─ Two major energy bills approved today by the Senate Energy and Natural Resources Committee will promote U.S. energy leadership by lifting a 70s-era ban on crude exports, streamlining the approval process for exports of liquefied …
WASHINGTON, July 29, 2015 ─ API applauded legislative efforts now underway to lift outdated trade restrictions on U.S. oil during a conference call today with reporters. “At this moment, U.S. diplomats are paving the way for Iran to reassert itself …
WASHINGTON, July 27, 2015 – In joint comments on proposed Renewable Fuel Standard requirements, the American Petroleum Institute (API) and American Fuels & Petrochemical Manufacturers (AFPM) say EPA’s assumptions of growing demand for high-ethanol fuel …
