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, September 23, 2009 - The American Petroleum Institute issued the following statement today from President Jack Gerard on the G-20 economic summit:

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, March 18, 2009 – American Petroleum Institute President Jack Gerard today issued the following statement on Central Gulf of Mexico Lease Sale 208, held in New Orleans, that received $703 million in high bids:

WASHINGTON, Febrary 26, 2009. – American Petroleum Institute President Jack Gerard today issued the following statement on provisions included in the FY 2010 budget submitted to Congress aimed at imposing new taxes on the oil and natural gas industry:

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.