News

Key petroleum products showed increase in deliveries and production, as well as decreases in stock levels.

WASHINGTON, December 23, 2010 –The Environmental Protection Agency should finalize the New Source Performance Standards (NSPS) that remain under development prior to setting new greenhouse gas standards, according to API Director of Regulatory and Scientific Affairs Howard Feldman.

Signals stronger consumer and industrial sectors.

WASHINGTON, December 16, 2010 – The U.S. Securities and Exchange Commission (SEC) proposed rules late yesterday on Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that could put the proprietary information of U.S.-listed companies at risk to many foreign and state-owned companies.

WASHINGTON, December 15, 2010 – The American Petroleum Institute (API) today reminded the U.S. Chemical Safety Board of the strengths of the existing system of standards for offshore operations.

WASHINGTON, December 14, 2010 — The American Petroleum Institute (API) announced it supports the voluntary chemical disclosure registry under development by the Groundwater Protection Council (GWPC) and the Interstate Oil and Gas Compact Commission (IOGCC).

WASHINGTON, December 7, 2010 – API Director of Regulatory and Scientific Affairs Howard Feldman praised EPA’s decision today to delay its final rules for boilers and incinerators:

WASHINGTON, December 1 – API president and CEO Jack Gerard said the tax recommendations from the administration’s deficit commission need to be thoroughly debated to ensure that whatever policies are eventually implemented address the deficit with the least impact on the economy:

WASHINGTON, November 19, 2010—The American Petroleum Institute thanked Sen. Mary Landrieu (D-La.) for standing behind the oil and natural gas workers in her state and region, placing a hold on OMB nominee Jack Lew until the administration demonstrated greater commitment to ending the de facto moratorium on drilling in the Gulf of Mexico. Yesterday’s lifting of the hold is welcome news, according to a statement by API President Jack Gerard:

WASHINGTON, November 19, 2010 — The American Petroleum Institute welcomed news today, reported in the media, that the Environmental Protection Agency would delay a decision on whether gasoline with up to 15 percent ethanol is safe for vehicles built during the 2001 to 2006 model years. API Downstream Director Bob Greco commented: