News

Washington, D.C., December 15, 2011 – Seventy-eight percent of Nevada voters favor more development of U.S. oil and natural gas resources, and similar numbers believe more oil and natural gas development would provide major benefits to the nation, including more U.S. jobs, according to a new poll released today.

WASHINGTON, December 14, 2011— Erik Milito, API's group director of upstream and industry operations, today issued a statement on the federal government's lease sale in the Gulf of Mexico, the first oil and natural gas lease sale in the Western Gulf since August 2009

WASHINGTON, July 25, 2011 - The economic benefits provided to the nation by America's oil and natural gas industry far outstrip its earnings - and even rival the dollar value of the administration's 2009 stimulus package, said API's Vice President for Regulatory & Economic Policy Kyle Isakower in a media briefing today.

WASHINGTON, July 1, 2011—API’s President and CEO Jack Gerard today issued the following statement on the decision by the New Jersey legislature to issue a statewide ban on the use of hydraulic fracturing:

WASHINGTON, May 26, 2011 – API Executive Vice President Marty Durbin today welcomed the President’s actions to curb unnecessary regulations on American businesses but called EPA’s response plan "inadequate." He cited EPA’s greenhouse gas and ozone regulations as two of the biggest threats to the U.S. economy:

WASHINGTON, May 18, 2011 – American Petroleum Institute President and CEO Jack Gerard told a Los Angeles audience on Tuesday that the U.S. oil and natural gas industry is ready to invest more, create more jobs, increase government revenue and produce more energy, but that it can only do so with more access to the nation’s energy resources.

WASHINGTON, May 14, 2011 – American Petroleum Institute Upstream Director Erik Milito said President Obama’s weekly address could have gone further to capitalize on the opportunities available for American energy production, jobs and economic growth.

WASHINGTON, April 28, 2011 – As U.S. oil and natural gas companies begin to report their first quarter earnings this week, API President and CEO Jack Gerard said critics should put the information into perspective, recognizing the valuable contributions the oil and naturalgas industry provides to our nation:

WASHINGTON, January 4, 2011 – Increased access to domestic oil and natural gas—rather than increased taxes on the U.S. oil and natural gas industry—is the best strategy for increasing government revenue, jobs and energy production, a new study by Wood Mackenzie concludes.