News

WASHINGTON, August 20, 2009 - As many as 114,100 jobs would be wiped out in Ohio if a climate change bill passed in the U.S. House of Representatives becomes law, a study shows. The average Ohio household would see its purchasing power drop by as much as $1,070 a year.

According to the Department of Energy, Canada is our biggest supplier of imported oil and natural gas.

WASHINGTON, August 14, 2009 - As many as 341,000 jobs would be wiped out in Texas if a climate change bill passed in the U.S. House of Representatives becomes law, a study shows. The average Texas household would see its purchasing power drop by as much as $1,790 a year.

WASHINGTON, June 26, 2009 - The American Petroleum Institute issued the following statement today by its President Jack Gerard responding to the Environmental Defense Fund’s (EDF’s) attack ads targeting API:

WASHINGTON, June 17, 2009 - The American Petroleum Institute and 15 labor unions announced today the historic creation of the Oil and Natural Gas Industry Labor-Management Committee, which will work to promote job retention and growth.

WASHINGTON, April 28, 2009 - American Petroleum Institute President Jack Gerard today issued the following statement on the Florida House’s overwhelming passage of a bill to authorize oil and natural gas development in Florida state waters:

WASHINGTON, February 25, 2009 – Larry Nichols, chairman of the American Petroleum Institute, told the U.S. House Natural Resources Committee that allowing development in areas of the Outer Continental Shelf that had been off-limits for 27 years would generate much-needed revenues to federal, state and local governments and add well-paying American jobs

WASHINGTON, February 11, 2009 - Renewable energy sources will be a growing part of America’s energy future. But it is wrong to suggest that re-imposing the federal moratoria on offshore exploration and development is a step toward that goal. In fact, oil and natural gas stand as the logical bridge to that future, and even with a significant increase in the use of alternatives, are expected to be dominant fuel sources in 2030 and beyond. Americans have clearly said in public opinion polls that they want to develop their energy resources and reduce our nation’s dependence on imported oil.

WASHINGTON, February 5, 2009 – American Petroleum Institute President Jack Gerard today issued the following statement on Interior Secretary Ken Salazar’s announcement that he would extend the Outer Continental Shelf Five-Year Plan comment period by 180 days:

WASHINGTON, February 3, 2009 – The imposition of new taxes on the oil and natural gas industry likely could kill hundreds of thousands of jobs, slow economic growth and make Americans more dependent on foreign sources of energy, according to a study released today.