News

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, December 1, 2010 — American Petroleum Institute President and CEO Jack Gerard warned that the administration’s decision today could result in the loss of tens of thousands of American jobs, billions less in government revenues and an increasing dependence on foreign energy sources:

WASHINGTON, November 30, 2010 — The American Petroleum Institute (API) today issued the following statement prior to today’s forum on hydraulic fracturing hosted by the U.S. Interior Department. According to API Senior Economist Sara Banaszak, hydraulic fracturing is a critical process for accessing our domestic natural gas resources:

WASHINGTON, November 30, 2010 — John Felmy, chief economist of the American Petroleum Institute (API), questioned the New York State legislature's approval of a bill to put a moratorium on natural gas drilling in the state:

Washington, November 29, 2010 – By a decisive margin, Americans oppose raising taxes on America’s oil and natural gas industry, and most believe it could kill jobs, according to an election-night telephone survey commissioned by API and conducted by Harris Interactive.  Sixty percent of the voters surveyed oppose an increase in taxes on the industry (compared with 30 percent in support); 54 percent say an increase could destroy jobs. 

Input to DOI regarding proposed Ocean Energy Safety Institute

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:

WASHINGTON, November 19, 2010 – U.S. gasoline demand carried over the modest recovery it saw in September through the month of October, according to the American Petroleum Institute’s Monthly Statistical Report. October gasoline deliveries averaged 9.04 million barrels per day, 1.4 percent higher than the previous month and 0.6 percent higher than October 2009. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for August 2010 (latest available).