News

WASHINGTON, April 8, 2011 ─ Nearly seventy U.S. mayors from across the nation and a coalition of thirty Minnesota lawmakers sent letters in the past week to Secretary of State Hillary Clinton urging the State Department to swiftly approve the Keystone XL Pipeline project, which would bring more Canadian oil to U.S. Gulf coast refineries and greatly enhance America’s energy security.

WASHINGTON, April 1, 2011 – API today issued the following statement regarding President Obama’s remarks on environmentally-friendly vehicle fleets for company operations:

WASHINGTON, March 28, 2011 – API today issued the following statement regarding BOEMRE’s release of supplementary guidance for offshore deepwater drilling safety requirements:

WASHINGTON, March 24, 2011 — Erik Milito, API’s upstream director, today called the ‘use-it-or-lose-it’ argument “a convenient way to detract attention from policies that undermine the mission of supplying Americans with the energy they need.”

WASHINGTON, March 4, 2011 – A group of over 60 U.S. Marine Corps, Air Force, Army and Navy veterans sent a letter to Secretary of State Hillary Clinton today expressing concern for America’s energy security and urging the State Department to expeditiously approve the Keystone XL Pipeline project, which would bring Canadian oil to U.S. Gulf coast refineries.

API’s President and CEO Jack Gerard today responded to the announcement by BOEMRE Director Bromwich approving one permit for one company to resume drilling in the Gulf of Mexico:

WASHINGTON, February 24, 2011 – A new study, showing important advantages to the U.S. economy and energy security, highlights the tremendous domestic energy resources waiting to be developed in Alaska’s outer continental shelf (OCS). These resources are a vital link to America’s future, according to the oil and natural gas industry.

WASHINGTON, January 25, 2011 – Long-term Gulf of Mexico deepwater development could be seriously jeopardized if permitting timelines are extended, according to a new analysis by Wood Mackenzie. The study projects nearly one-third of U.S. deepwater production could be rendered uneconomic, which could significantly impact deepwater production, resulting in less energy production, less investment and less revenue to government.

WASHINGTON, January 11, 2011 – U.S. oil and natural gas drilling in 2010 remained below 2008 levels, according to API’s 2010 Quarterly Well Completion Report: Fourth Quarter