News

WASHINGTON - American Petroleum Institute President Jack Gerard issued the following statement on API’s decision to seek rehearing of a U.S. Appellate Court panel’s decision remanding and vacating the Department of Interior’s 2007-2012 Five-Year Outer Continental Shelf leasing plan. API on May 12 asked the court to change the remedy from “vacate and remand” to “remand.” The Interior Department has sought similar relief from the court.

WASHINGTON, May 15, 2009 - The American Petroleum Institute issued the following statement today from President Jack Gerard regarding the Waxman-Markey cap-and-trade proposal:

WASHINGTON, May 13, 2009 - Total U.S. petroleum deliveries (a measure of demand) fell 3.6 percent in April from a year ago, reflecting continuing weakness in the economy, according to API’s Monthly Statistical Report.  While gasoline deliveries increased slightly in April against a year ago, all other product deliveries fell, led by a sharp drop in distillate deliveries. Total product deliveries for the period January-April were the lowest since 1998.

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, April 22, 2009 - API awarded its 2008 Distinguished Award for Outstanding Safety and Environmental Performance to Alyeska Pipeline Service Company in the large pipeline operator category and to Portland Pipe Line Corporation in the small pipeline operator category. Deborah Fretz, President and CEO of Sunoco Logistics Partners, presented the awards at API’s 60th annual Pipeline Conference in Fort Worth, Texas.

WASHINGTON, April 17, 2009 - The American Petroleum Institute issued the following statement:

"The American Petroleum Institute is reviewing the implications of the federal appeal court’s decision vacating and remanding the 2007-2012 five-year leasing program.