News

WASHINGTON, September 21, 2009 - American Petroleum Institute President Jack Gerard made the following comments on the closing of the Minerals Management Service’s five-year plan comment period:

WASHINGTON, September 16, 2009 - American Petroleum Institute President Jack Gerard made the following comment on US Interior Secretary Ken Salazar’s announcement that he would terminate the royalty-in-kind program:

WASHINGTON, September 16, 2009 - The American Petroleum Institute issued the following statement today from President Jack Gerard on reports of previously unreleased Treasury Department analysis that says cap and trade legislation would cost American taxpayers up to $200 billion a year:

WASHINGTON, September 16, 2009 - The pace of U.S. petroleum delivery declines continued to slow last month, according to API’s Monthly Statistical Report, which noted the 2.1 percent year-to-year slip in overall petroleum deliveries (a measure of demand) was the smallest in a year and a half.

Latest Available.

WASHINGTON, September 9, 2009 – API published a new edition of its guide for estimating greenhouse gas (GHG) emissions. The updated API Compendium of Greenhouse Gas Emissions Estimation Methodologies for the Oil and Natural Gas Industry (known as the Compendium) provides oil and natural gas companies with standardized methodologies for estimating carbon dioxide and other GHG emissions from all commonsources, such as combustion, venting, and fugitive, throughout the entire oil and natural gas value chain.  Although the methods are aimed at oil and natural gas operations, many have direct applicability to other sectors, especially those pertaining to GHG emissions from combustion sources.     

WASHINGTON, August 24, 2009 - The United States will be more dependent on imports of gasoline and other petroleum fuels while U.S. refining production would be shifted overseas if a climate change bill passed in the U.S. House of Representatives becomes law, a study shows.

WASHINGTON, August 21, 2009 – API is rolling out a new website, effective September 1, 2009, that will provide users of products certified by API, manufacturers of those products, and any other parties with the opportunity to confidentially communicate concerns they may have to the appropriate API department for investigation.

WASHINGTON, August 19, 2009 - July oil product deliveries (a measure of demand) fell 3.0 percent from a year ago, which slowed the rate of decline by half compared with the first half of the year.