News

WASHINGTON, October 26, 2009 - Fifteen labor unions and the American Petroleum Institute, members of the Oil and Natural Gas Industry Labor-Management Committee, have written to senior members of Congress to encourage them to support tax policies that will protect and encourage the development of quality U.S. jobs, while at the same time fortifying our nation’s energy and economic security.

WASHINGTON, October 24, 2009 - The American Petroleum Institute issued the following statement today from President Jack Gerard on the Kerry-Boxer bill:

WASHINGTON, October 16, 2009 - The economic impact of oil sands development in neighboring Canada is a boon for the U.S. economy and is expected to lead to the creation of more than 342,000 new U.S. jobs between 2011 and 2015, a new study by the Canadian Energy Research Institute (CERI) finds.

WASHINGTON, September 25, 2009 - The American Petroleum Institute issued the following statement today from President Jack Gerard on the G-20 agreement on eliminating "fossil fuel subsidies":

WASHINGTON, September 24, 2009 - – The U.S. oil and natural gas industry supports more than 9 million American jobs and makes significant economic contributions as an employer and purchaser of American goods and services, a new study by PricewaterhouseCoopers (PwC) found.

WASHINGTON, September 18, 2009 - The American Petroleum Institute issued the following statement from President Jack Gerard today in response to a study released by the Environmental Law Institute and the Woodrow Wilson International Center for Scholars examining federal subsidies (direct subsidies, tax preferences and loan guarantees) to traditional fossil fuels and renewables:

WASHINGTON, September 10, 2009 - API Chairman J. Larry Nichols told Congress on Thursday that the Obama administration’s $80 billion tax increase on America’s oil and natural gas industry is based on myths and would result in less oil and natural gas for consumers, higher energy costs and kill jobs at a time when the nation’s economy needs all the help it can get.

WASHINGTON – As many as 16,400 jobs would be wiped out in Nebraska if a climate change bill passed in the U.S. House of Representatives becomes law, a study shows. The average Nebraska household would see its purchasing power drop by as much as $1,220 a year.

WASHINGTON, September 4, 2009 – As many as 8,800 jobs would be wiped out in South Dakota if a climate change bill passed in the U.S. House of Representatives becomes law, a study shows. The average South Dakota household would see its purchasing power drop by as much as $1,050 a year.