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WASHINGTON, May 27, 2010 – In testimony prepared for today's House Committee on Natural Resources hearing, API President and CEO Jack Gerard called the rig accident in the Gulf of Mexico “tragic and heartbreaking” and pledged to work with the Department of the Interior and others to understand the causes, correct them, and raise the bar on safety for the industry.
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WASHINGTON. May 21, 2010. –U.S. gasoline production jumped to 9.1 million barrels per day for April 2010, the highest April level ever and the second-highest gasoline production level for any month on record behind only March 2010, according to API’s Monthly Statistical Report.
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WASHINGTON, May 13, 2010 — Congressional action to raise the limit on the oil spill liability trust fund by more than 10,000 percent could threaten the economic viability of all Gulf of Mexico operations, according to a statement by American Petroleum Institute President and CEO Jack Gerard:
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WASHINGTON, May 11, 2010 – Two industry task forces created in response to the Deepwater Horizon incident held their first meeting in Houston Monday and are working expeditiously to provide recommendations to the U.S. Department of the Interior.
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WASHINGTON, May 5, 2010 - The Auto Alliance, the American Petroleum Institute and the Outdoor Power Equipment Institute urged EPA to delay action on the agency’s proposal to allow higher levels of ethanol in gasoline. Higher levels of ethanol have not been proven safe or effective according to industry projections based on preliminary results of testing introduced today at a meeting of the Mid-Level Ethanol Blends Research Coordination Group.
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WASHINGTON, May 4, 2010 – In the wake of the oil spill in the Gulf of Mexico, the U.S. oil and natural gas industry has formed two task forces to address both short- and long-term issues related to offshore equipment and offshore operating practices.
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