API News Feed

API: EPA skirts public review for unnecessary gasoline regulations

Tue, 21 May 2013 13:03:00 -0500

WASHINGTON, May 21, 2013 – API Downstream Group Director Bob Greco said EPA will be in violation of the Clean Air Act by limiting public comment on its proposed Tier 3 rules for gasoline and urged EPA to immediately extend the comment period to allow for meaningful comments on the 600+ page proposal.

What America is Thinking on Energy Issues – Poll: 71 percent of American voters agree exporting domestic natural gas will create U.S. jobs

Tue, 21 May 2013 09:44:00 -0500

WASHINGTON, May 21, 2013—Seventy-one percent of Americans agree that exporting domestic natural gas will help create U.S. jobs, and sixty-six percent believe that exporting natural gas will be good for the U.S. economy, according to a new poll conducted by Harris Interactive for API’s “What America is Thinking on Energy Issues” series.

Approve remaining U.S. LNG export permits without delay

Fri, 17 May 2013 13:32:00 -0500

WASHINGTON, May 17, 2013 ─ Erik Milito, API director of upstream and industry operations, called on the Department of Energy to quickly expedite all remaining applications for permits to export liquefied natural gas (LNG) to countries that do not have free trade agreements (FTA) with the U.S.

API: Questions still surround BLM hydraulic fracturing regulations

Thu, 16 May 2013 15:47:00 -0500

WASHINGTON, May 16, 2013 – Erik Milito, API director of upstream and industry operations questioned the Bureau of Land Management’s proposed rules regulating hydraulic fracturing on federally-controlled land. He said rigorous state rules and state-based tools, such as FracFocus.org, are already in place to ensure responsible oil and natural gas development.

API congratulates Secretary Moniz on Senate confirmation

Thu, 16 May 2013 14:41:00 -0500

WASHINGTON, May 16, 2013 – API President and CEO Jack Gerard congratulated Ernest Moniz on his Senate confirmation to become Secretary of the Department of Energy and urged Secretary Moniz to quickly approve LNG export projects that will create American jobs and help lower our national debt.

API rebuts McCarthy’s claim that EPA was ‘denied’ role in E15 testing

Thu, 16 May 2013 13:18:00 -0500

WASHINGTON, May 16, 2013 – In a letter to Senator David Vitter (R-LA), API Downstream Group Director Bob Greco refuted “inaccurate and misleading statements” about the research being conducted by the Coordinating Research Council (CRC) made by EPA administrator nominee Gina McCarthy in a recent letter.

Report: U.S. LNG exports can boost economy but face competition

Wed, 15 May 2013 12:46:00 -0500

WASHINGTON, May 15, 2013 – U.S. LNG exports could create tens of thousands of domestic jobs while having only minimal impacts on domestic U.S. natural gas prices, a new report for API by ICF International finds.

California leasing decision another example of policy slowing energy development that could help economy

Thu, 09 May 2013 12:30:00 -0500

WASHINGTON, May 9, 2013 – A recent decision by BLM to delay oil and natural gas leasing in California is an example of counterproductive government policy that will hurt the economy and weaken U.S. energy security, API Chief Economist John Felmy told reporters this morning.

Tier 3 proposal threatens economy and energy security

Tue, 07 May 2013 00:00:00 -0500

WASHINGTON, May 7, 2013 – EPA should follow standard Clean Air Act procedures in proposing its new and potentially massively costly Tier 3 sulfur standards, API Senior Downstream Policy Advisor Patrick Kelly told reporters this afternoon.

API hires Christopher Rager as director of state relations

Thu, 02 May 2013 10:23:00 -0500

WASHINGTON, D.C., May 2, 2013—API today announced the appointment of Christopher Rager as the oil and natural gas trade association’s director of state relations.

Industry makes strides on offshore safety

Wed, 01 May 2013 11:59:00 -0500

WASHINGTON, May 1, 2013 – Operators, contractors and regulators are working in close cooperation to maintain continuous improvement in offshore safety, Center for Offshore Safety Executive Director Charlie Williams told reporters this morning.

Investment in U.S. shale well drilling surges in 2011

Mon, 29 Apr 2013 00:00:00 -0500

WASHINGTON, April 29, 2013 – An estimated $65.5 billion was invested drilling an estimated 10,173 U.S. shale oil and natural gas wells in 2011, according to API’s 2011 Joint Association Survey on Drilling Costs.

API Praises Pro-Energy Legislation from Congressman Rigell

Fri, 26 Apr 2013 00:00:00 -0500

WASHINGTON, April 26, 2013 ─ API Director of Upstream and Industry Operations Erik Milito praised legislation introduced today by Congressman Scott Rigell (R-Va.) to allow drilling off the coast of Virginia.

API calls for reconsideration of costly new gasoline regulations at EPA hearing

Wed, 24 Apr 2013 13:50:00 -0500

WASHINGTON, April 24, 2013 – API Senior Policy Advisor Patrick Kelly testified at an EPA hearing in Philadelphia on the agency’s proposed Tier 3 regulations for gasoline today, saying the industry has already reduced sulfur levels in gasoline by 90 percent over the last decade and that further reductions would require enormous costs without providing environmental benefits.

Strong industry earnings help workers, retirees and government

Tue, 23 Apr 2013 15:11:00 -0500

WASHINGTON, April 23, 2013 – Strong industry earnings benefit the economy and are no justification for tax increases on U.S. oil and natural gas companies, API Chief Economist John Felmy told reporters this afternoon.

March petroleum demand edges up (includes monthly statistical report)

Thu, 18 Apr 2013 14:40:00 -0500

WASHINGTON, April 18, 2013 – Total U.S. petroleum deliveries (a measure of demand) were up 0.6 for March against the same month a year ago to average 18.3 million barrels per day – yet were still at the second lowest March level in 16 years (since 1997). Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for January 2013 (latest available).

Time to approve the Keystone XL pipeline

Thu, 18 Apr 2013 10:58:00 -0500

WASHINGTON, April 18, 2013 – The Keystone XL pipeline is in America’s national interest and would be safe, according to the State Department’s latest review, API Senior Downstream Manager Cindy Schild told reporters this morning in calling for approval of the project.

API: We need leadership on Keystone XL, not more delays

Wed, 17 Apr 2013 14:47:00 -0500

WASHINGTON, April 17, 2013 ─ American Petroleum Institute President and CEO Jack Gerard met with lawmakers in Washington to remind them of the broad public support and long-term economic benefits of the Keystone XL pipeline project.

Portland Pipe Line Corporation wins API Safety and Environmental Performance Distinguished Award second year in row

Tue, 16 Apr 2013 13:08:00 -0500

WASHINGTON, April 16, 2013 – Today API awarded its 2012 Distinguished Award for Outstanding Safety and Environmental Performance to Portland Pipe Line Corporation. Portland captured the same award last year.

API: Oil well completions up from year ago levels

Mon, 15 Apr 2013 13:08:00 -0500

WASHINGTON, April 15, 2013 – Oil well drilling trends continue to rise in the first quarter of 2013 with total oil well completions up 20 percent (to 8,705 wells) from 2012 first quarter figures, according to API's 2013 Quarterly Well Completion Report: First Quarter.

API’s Jack Gerard Congratulates Secretary Jewell on Her Senate Confirmation

Wed, 10 Apr 2013 17:43:00 -0500

WASHINGTON, April 10, 2013 – API President and CEO Jack Gerard congratulated Sally Jewell on her confirmation today by the U.S. Senate for the position of Secretary of the Interior.

President’s budget would tax one of nation’s biggest job creators

Wed, 10 Apr 2013 11:44:00 -0500

Editor's Note: For the fifth year in a row, the president's budget singles out the leading source of American energy and jobs. Even the president's own allies in the Senate have moved away from this kind of punitive tax directed at one industry. It’s bad public policy.

Given that the White House has essentially recycled its budget, we decided to recycle our statement from last year! Please find our statement below:

WASHINGTON, ~~February 13, 2012~~ April 10, 2013 - ~~In remarks to reporters this morning,~~ Jack Gerard, President and CEO of the American Petroleum Institute, expressed disappointment with the proposed tax increases on the oil and natural gas industry in the administration’s ~~2013~~ 2014 budget plan, especially in light of the president’s seeming endorsement of more domestic oil and natural gas development in his state of the union address ~~last month~~.

API welcomes House proposal to end nonsensical federal ethanol mandate

Wed, 10 Apr 2013 00:00:00 -0500

WASHINGTON, April 10, 2013 – API President and CEO Jack Gerard welcomed the bipartisan proposal being introduced in the U.S. House of Representatives, led by Congressman Bob Goodlatte (VA-6), that would end the nation’s unworkable ethanol mandate, known as the Renewable Fuel Standard (RFS).

API hires David McGowan to lead North Carolina Petroleum Council

Mon, 08 Apr 2013 13:20:00 -0500

RALEIGH, N.C., April 8, 2013 – The American Petroleum Institute (API) today announced David McGowan as the new executive director of the North Carolina Petroleum Council (NCPC).

Poll: 77 Percent of Virginia Voters Oppose Raising Energy Taxes