News

WASHINGTON, August 16, 2010 – API Upstream Director Erik Milito said that the announcement from the Department of the Interior that it will require more extensive environmental reviews for deepwater projects (limiting use of categorical exclusions) could delay development and job creation:

WASHINGTON, August 16, 2010 — Raising taxes on the U.S. oil and natural gas industry could significantly reduce domestic oil and gas production next year and cut it by as much as 10 percent in 2017, a new API-sponsored study by Wood Mackenzie concludes.

WASHINGTON, August 13, 2010 — Arguing that the Clean Air Act is unsuited to regulating greenhouse gas emissions, the American Petroleum Institute (API) said today that two new EPA proposed permit rules could slow business expansion and eliminate jobs while not fixing the problem

WASHINGTON, August 12, 2010 – API Upstream Director Erik Milito told a joint committee of the National Academy of Engineering and the National Research Council today that the U.S. oil and natural gas industry is improving industry standards to strengthen deepwater development safety

WASHINGTON, August 10, 2010 — The American Petroleum Institute is saddened by the death of former Alaska Senator Ted Stevens, according to a statement by API President and CEO Jack Gerard

WASHINGTON, August 10, 2010 — Nationwide, an underground utility line is damaged during a digging project once every three minutes.  Take a moment tomorrow August 11th – or 8/11 – to remember to dial that number – 811 – whenever you plan to dig.

WASHINGTON, August 6, 2010 – API today announced the following new hires to its advocacy team: Eric Wohlschlegel, Director of Media Relations; Carlton Carroll, Media Relations Representative; Conrad Lass, Senior Director of Federal Relations; Charles Pierce, Tax Counsel, and Brian Johnson, Senior Tax Policy Advisor

WASHINGTON, August 6, 2010 – A new proposal from members of the Senate Finance Committee to rescind job-creating tax provisions for a handful of oil and natural gas companies would be counterproductive, according to API Tax Manager Stephen Comstock: