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Oil, natural gas industry highlights preparedness for upcoming hurricane season

WASHINGTON, May 22, 2018 –  Today, API along with PMAA, AGA, AFPM, INGAA and NOIA highlighted the steps that the natural gas and oil industry is taking to prepare its operations for the upcoming hurricane season and shared lessons learned and examples of the industry’s resilience from past hurricane seasons.

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API says rule to grant relief from tariffs and quotas on steel must be improved to reduce harm to U.S. businesses and consumers

WASHINGTON, May 18, 2018 – Today the American Petroleum Institute (API) joined other trade associations in comments to the Department of Commerce on Section 232’s Interim Final Rule (IFR) to raise concerns over the ability of natural gas and oil companies to receive relief from steel tariffs and quotas.

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U.S. petroleum demand sustains its highest levels in 11 years

WASHINGTON, MAY 17, 2018 – Today the American Petroleum Institute reported that the first four months of this year saw U.S. petroleum demand average 750 thousand barrels a day above the same period in 2017 despite higher prices, a sign of solid economic activity. April also saw the U.S. produce a record 10.5 million barrels per day (MBD) of oil.

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