News

WASHINGTON, June 4, 2009 – American Petroleum Institute President Jack Gerard issued the following statement on a Monmouth University Mid-Atlantic coastal community survey, which found that 46 percent of coastal residents in New York, New Jersey, Delaware, Maryland and Virginia support oil and natural gas drilling off their coasts, compared with 37 percent who are opposed and 12 percent who have no opinion. Two years ago, coastal resident support for drilling in the Atlantic stood at 33 percent, opposition at 40 percent and no opinion at 24 percent. Moreover, the majority of residents in tourism-rich coastal Maryland (65 percent), Delaware (52 percent), and New Jersey (51 percent) support drilling for oil in the Atlantic Ocean.

WASHINGTON, June 4, 2009 – American Petroleum Institute President Jack Gerard issued the following statement on oil and gas title of the Senate Energy and Natural Resources Committee energy bill, released today.

The joint statement said that increased shale gas development must be a major component of a comprehensive, multi-pronged approach to meeting U.S. energy challenges.

WASHINGTON, June 4, 2009 - The American Petroleum Institute today launched the EnergyTomorrow blog to provide information and engage in a dialogue about energy issues.

WASHINGTON, May 29, 2009 - American Petroleum Institute President Jack Gerard issued the following statement on the draft House Natural Resources bill, which would among other things, shorten initial onshore lease terms from 10 to five years, raise onshore royalty rates to 18.75 percent, add layers of complex and redundant planning, and impose new fees on non-producing leases.

WASHINGTON, May 28, 2009 – The American Petroleum Institute issued the following statement today regarding the Ground Water Protection Council study on regulation of oil and gas field activities:

WASHINGTON, May 21, 2009 – The American Petroleum Institute issued the following statement today from President Jack Gerard on approval by the House Energy and Commerce Committee of the Waxman-Markey cap-and-trade proposal:

WASHINGTON, May 18, 2009 - American Petroleum Institute President Jack Gerard issued the following statement on Cambridge Energy Research Associates (CERA)’s new report Growth in Canadian Oil Sands: Finding a New Balance. The report found that the environmental concerns about Canadian oil sands may be overstated, and that the “well to wheels” greenhouse gas emissions from oil sands are comparable with other sources of crude oil. It also notes that up to 37 percent of U.S. oil imports could come from crude derived from Canadian oil sands by 2035, and that technological advances in the Canadian oil sands has allowed Canada to become the world’s second largest holder of recoverable oil reserves, behind only Saudi Arabia.

American Petroleum Institute President Jack Gerard issued statement on the decision by the Obama administration to uphold the Section 4(d) rule for protecting the polar bear under the Endangered Species Act (ESA).

Bill includes provisions to expand access to previously off-limits offshore areas.