News

WASHINGTON, March 10, 2011 – Marty Durbin, API executive vice president, applauded Members of the House Energy and Power Subcommittee who today approved the Energy Tax Prevention Act of 2011, which would prevent EPA actions that could raise energy prices on American consumers and stifle the fragile economic recovery:

WASHINGTON, March 3, 2011 – Marty Durbin, API executive vice president, applauded the bipartisan Energy Tax Prevention Act to be introduced by House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Senator James Inhofe (R-OK), which would prevent EPA actions that could raise energy prices on American consumers and stifle the fragile economic recovery:

WASHINGTON, February 14, 2011 – API President and CEO Jack Gerard said raising taxes on the oil and natural gas industry, as the administration is proposing in its budget, would harm job creation and lower government revenues long term:

WASHINGTON, January 25, 2011 - American Petroleum Institute President and CEO Jack Gerard said President Obama's State of the Union address tonight missed an opportunity to highlight real job creation and economic recovery opportunities.

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.