News

WASHINGTON, December 22, 2011 – Total petroleum deliveries (a measure of demand) fell 1.1 percent in November compared with November a year ago, pulled down by a 1.8 percent decline in motor gasoline demand to an 11-year low for the month. Deliveries of distillate fuel and jet fuel were strong, with distillates up 4.3 percent and jet fuel up 7.5 percent.For the first 11 months of 2011, total petroleum deliveries were down 0.7 percent from the same period in 2010.

WASHINGTON, November 30, 2011 — Claiborne Deming, who retired in 2008 as president and chief executive officer of Murphy Oil Corporation after a nearly three decade career, is the recipient of the American Petroleum Institute 2011 Gold Medal for Distinguished Achievement, API's highest honor.

WASHINGTON, November 18, 2011 – Total petroleum deliveries (a measure of demand) rose 2.5 percent in October compared with October a year ago. While motor gasoline demand slipped by 0.3 percent, distillate deliveries showed robust growth, increasing 12.3 percent over October 2010. Jet fuel deliveries were also up. Residual fuel deliveries fell 45 percent against October a year ago.

WASHINGTON, November 15, 2011 - A new poll by Public Opinion Strategies and Frederick Polls, commissioned by API, finds that getting the economy moving and creating jobs were the two most important issues to Iowa's general election voters and Republican caucus goers.

WASHINGTON, November 15, 2011—API today announced the launch of Motor Oil Matters (MOM)—an industry-wide initiative to promote the importance of using, supplying, distributing and installing quality motor oils.

WASHINGTON, November 9, 2011 - New Hampshire voters strongly agree that increased access to domestic oil and natural gas resources would lead to more American jobs, bolster the country's economic growth and increase America's energy security, according to a statewide poll by Public Opinion Strategiesand Frederick Polls for API.

WASHINGTON, October 26, 2011 – API Vice President for Regulatory and Economic Policy Kyle Isakower briefed reporters today about an API-commissioned study by Sonecon that showed middle class Americans are principal owners of America's oil and natural gas companies:

WASHINGTON, October 21, 2011 – At 19.9 million barrels per day, total petroleum deliveries (a measure of demand) rose 2.5 percent in September compared with September a year ago. While motor gasoline demand was up only slightly by 0.3 percent, distillate demand reached a record for the month. On a year-to-date basis, gasoline demand was 1.3 percent down from 2010. Deliveries of jet fuel were at a four-year high for the month.