News

Study: EPA’s costly gasoline regulations bring no significant environmental benefit

WASHINGTON, April 4, 2013 – EPA’s new Tier 3 regulations on gasoline would not provide measurable ozone air quality benefits, according to a study released today by API.
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Poll: Ohioans believe raising severance tax could harm economy and increase costs

COLUMBUS, OHIO, April 3, 2013 – Seventy-six percent of Ohio voters believe increasing the severance tax on the oil and natural gas industry could harm the state’s economy and drive away energy development, according to a new poll of registered Ohio voters released today.
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API: EPA’s Tier 3 proposal latest in tsunami of regulations that could raise gasoline manufacturing costs

WASHINGTON, March 29, 2013 – EPA’s proposed Tier 3 fuel regulations could raise refiners’ costs, provide little or no environmental benefit, and actually increase carbon emissions, according to API Downstream Group Director Bob Greco.
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Implement energy policies that create jobs and grow economy

WASHINGTON, March 27, 2013 – The administration can do more to help America’s economy by supporting energy policies that encourage America’s oil and natural gas revolution, API Group Director for Upstream and Industry Operations Erik Milito told reporters this morning.
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Poll: 79 percent of North Carolina voters favor more oil and natural gas development

RALEIGH, N.C., March 21, 2013 – Seventy-nine percent of North Carolina voters favor increased production of domestic sources of oil and natural gas, and only nine percent oppose it, according to a new poll released today. Ninety-three percent of voters said increased domestic production is important to them.
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February petroleum demand falls 4.1 percent (includes Monthly Statistical Report)

WASHINGTON, March 21, 2013 – Total U.S. petroleum deliveries (a measure of demand) were down 4.1 percent for February against the same month a year ago – to the lowest February level in 20 years (since 1993). Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for December 2012 (latest available).
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74 Percent of Voters Oppose Raising Energy Taxes

WASHINGTON, March 21 ─ Seventy-four percent of voters nationwide believe Washington should resolve the country's budget issues without raising taxes on energy, according to a new poll conducted by Harris Interactive for API’s “What America is Thinking on Energy Issues” series.
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Poll: Americans oppose higher taxes for oil and natural gas industry

WASHINGTON, March 21, 2013 – Seventy-four percent of registered voters believe politicians should address the nation’s budget issues without raising energy taxes, according to a new Harris Interactive poll, API Director for Tax and Accounting Policy Stephen Comstock told reporters this morning.
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API Welcomes Murkowski-Landrieu Revenue Sharing Bill

WASHINGTON, March 20, 2013 ─ Legislation introduced today by Senator Lisa Murkowski and Senator Mary Landrieu is an important step toward an all-of-the-above energy strategy said API Director of Upstream & Industry Operations Erik Milito.
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NERA study concludes RFS program is broken and a threat to consumers

WASHINGTON, March 20, 2013 – The nation’s Renewable Fuel Standard is poised to do significant harm to consumers, the economy, and the nation’s fuel supply system, according to a new study by NERA Economic Consulting, API Downstream Group Director Bob Greco told reporters in a briefing this morning.
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