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API Highlights Importance of Seismic Testing in Gulf after BOEM Releases Draft Environmental Report

WASHINGTON, September 28, 2016 – API Upstream Director Erik Milito highlighted the importance of seismic testing in the Gulf of Mexico after the Bureau of Ocean Energy Management (BOEM) announced its Draft Programmatic Environmental Impact Statement (PEIS) that evaluates the potential impacts of geological and geophysical surveys in the Gulf of Mexico as part of the regulatory development process for those activities.

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API: Ahead of presidential debate, energy is priority for American voters

WASHINGTON, September 26, 2016 – API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard’s full remarks, as prepared for delivery, from Monday’s press conference call are available on API’s website

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Subscribers to API’s Weekly Statistical Report to receive historical data adjusted to meet upcoming EIA inventory reporting guidelines

WASHINGTON, September 23, 2016 – Starting Oct. 13, the U.S. Energy Information Administration (EIA) will no longer include crude oil lease stocks in the U.S. total commercial crude inventory data series. This change, recently announced as a requirement by the EIA, will exclude oil that is stored in tanks on lease lands where production is taking place prior to being transferred for commercial stock storage. Lease stocks currently amount to nearly 31 million barrels of oil.

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