News

WASHINGTON, September 8, 2011 – API President and CEO Jack Gerard called the president's jobs plan a 'missed opportunity' and said the oil and natural gas industry could create more than a million new jobs for Americans and more revenue for our government with a few sensible changes in national energy policy.

WASHINGTON, August 2, 2011 – API President and CEO Jack Gerard made the following statement after Senate passage of the emergency bill to raise the debt ceiling:

HARRISBURG, August 1, 2011—Changing the city’s charter to ban an important source of energy, and limit possible economic growth and new jobs is the wrong direction for the Pittsburgh City Council, according to the Associated Petroleum Industries of Pennsylvania.

WASHINGTON, July 29, 2011 – A new study says that upcoming EPA requirements could raise the cost of manufacturing gasoline, lead to the closing of domestic refineries, and force the U.S. to double its gasoline imports – while causing increased carbon dioxide emissions.

WASHINGTON, July 27, 2011—API Executive Vice President Marty Durbin said that the oversight hearing on "State Perspectives on Offshore Revenue Sharing" in the House Committee on Natural Resources presented a promising discussion highlighting the opportunities available to increase production of American oil and natural gas resources and increase revenues for state and local governments.

WASHINGTON, May 17, 2011 – API’s Executive Vice President Marty Durbin welcomed the result of the procedural vote on the S.940 tax bill. He said it should provide an opportunity for Congress to now move in a more constructive direction on energy:

WASHINGTON, May 13, 2011 – API’s Vice President of Regulatory and Economic Policy Kyle Isakower criticized a study issued by the U.S. Congress Joint Economic Committee that claims raising taxes on the U.S. oil and natural gas industry would decrease the deficit:

WASHINGTON, May 12, 2011 – Jack Gerard, President and CEO of the American Petroleum Institute, said the Senate oil and natural gas company CEO hearing today focused on a failed policy prescription that would move the nation in the wrong direction on energy:

WASHINGTON, May 10, 2011 – API President and CEO Jack Gerard said the legislation proposed by Senator Menendez and others to increase taxes by billions of dollars a year on U.S. oil and natural gas companies would hurt our economy and energy security. He urged Congress to reject it:

WASHINGTON, May 9, 2011 — Brian Johnson, API’s senior tax advisor, today joined Americans for Tax Reform, the U.S. Chamber of Commerce, and the Small Business & Entrepreneurship Council to refute proposals in Congress to raise taxes on energy and what it could mean for American businesses, our economy, jobs, and gas prices.