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Petroleum demand last month highest for May since 2007 (includes monthly statistical report)

WASHINGTON, June 22, 2017 – Total petroleum deliveries in May moved up by 4.9 percent from May 2016 to average 20.1 million barrels per day. These were the highest May deliveries in 10 years, since 2007, and the highest deliveries for any months in over 9 years, since January 2008. Compared with April 2017, total domestic petroleum deliveries, a measure of U.S. petroleum demand, increased 2.7 percent. For year-to-date, total domestic petroleum deliveries moved up 1.5 percent compared to the same period last year.

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API welcomes subcommittee action to improve implementation of ozone standards

WASHINGTON, June 15, 2017 – API applauded today’s passage of the Ozone Standards Implementation Act out of the House Energy and Commerce Environment Subcommittee. The legislation recognizes that the United States has continued to make dramatic improvements in air quality under existing regulations and that relief is needed for states and businesses from the duplicative regulatory and economic burdens of the previous administration’s implementation of concurrent ozone programs.

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API supports decision to postpone compliance dates for parts of BLM Methane rule

WASHINGTON, June 14, 2017 – API welcomed the June 15, 2017 notice by the Department of the Interior that it will delay certain compliance dates in the Bureau of Land Management’s (BLM) rule addressing methane emissions related to oil and gas production. Reviews of the rule are underway as questions remain over the rationale of many provisions of the rule.

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