News

Petroleum Facts at a Glance

WASHINGTON, September 3, 2010 – API Senior Counsel Michele Schoeppe said API, along with coalition partners, is filing an amicus brief today opposing a decision by the U.S. Court of Appeals for the 2nd Circuit that would allow common law nuisance lawsuits to proceed against utilities for their greenhouse gas emissions:

HOUSTON, September 1, 2010 – More than 5,500 concerned citizens organized by the American Petroleum Institute (API) and other partners today attended three “Rally for Jobs” events held in Houston, Port Arthur and Corpus Christi.

WASHINGTON, August 31, 2010 – Various industry groups are urging the Environmental Protection Agency (EPA) to refrain from making a decision on the use of increased levels of ethanol in gasoline until testing on the effects of higher-level blends is complete. Based on the findings by Sierra Research in a report commissioned by the American Petroleum Institute (API), “Identification and Review of State/Federal Legislative and Regulatory Changes Required for the Introduction of New Transportation Fuels,” multiple regulatory and legal requirements remain and must be met before higher ethanol blends can be legally marketed for commercial introduction.

WASHINGTON, August 26, 2010 — Erik Milito, head of the American Petroleum Institute’s upstream group, wholeheartedly agrees with the Bipartisan Policy Center’s conclusion that new rules issued in June by the Interior Department provide an “adequate margin of safety to allow the resumption of deep-water drilling.”

WASHINGTON, August 25, 2010 - API’s director of Upstream Erik Milito and its director of Global Industry Services John Modine delivered testimony today to the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling on industry efforts to improve offshore safety.

WASHINGTON, August 23, 2010—The American Petroleum Institute announced it would provide free online public access to a large group of key industry standards, including a broad range of safety standards.  This expands the number of API standards that will be available for free.  A smaller number are now available to the public for free on API’s website while others can be reviewed in person in government agency offices.

WASHINGTON, August 20, 2010 – At 9.3 million barrels a day, U.S. gasoline deliveries (a measure of demand) fell slightly (0.03 percent) last month compared with July 2009, continuing weak deliveries for the first half of the year and mirroring the faltering U.S. economy. Except for 2008, it was the lowest July gasoline demand number since 2003.

WASHINGTON, August 17, 2010 - At a press conference call, API President and CEO Jack Gerard announced a series of rallies being scheduled in several cities in September, giving Americans a forum where they can voice their concerns about jobs and the economy.  API has developed a new website about the rallies called rallyforjobs.org.