News

With unemployment rates still high, the energy sector is poised to do its part to help get Americans back to work. API will release a report that will unveil how the energy sector can help provide more than one million new American jobs.

WASHINGTON, August 26, 2011 ─ API welcomed the U.S. State Department's final Environmental Impact Statement on the Keystone XL pipeline project and urged the agency to complete its national interest determination and issue permits for the pipeline without delay.

TRENTON, N.J., August 25, 2011—James Benton, the Executive Director of the New Jersey Petroleum Council, issued the following statement on Governor Chris Christie's announcement regarding hydraulic fracturing:

WASHINGTON, August 23, 2011 – API's Howard Feldman, director of regulatory and scientific affairs, welcomed the White House plans to eliminate unnecessary regulations that are costing American jobs and harming our economy. He called on the president to add the proposed new EPA ozone rule, greenhouse gas regulations, and upcoming "Tier 3" fuel standards to the top of the list.

WASHINGTON, August 23, 2011 – Howard Feldman, API director of regulatory and scientific affairs, gave a press briefing to reporter calling on EPA to reconsider its discretionary, out of cycle new ozone NAAQS proposal.

WASHINGTON, August 19, 2011 – Total petroleum deliveries (a measure of demand) fell in July by half a percent compared with July a year ago. It was the first time deliveries dipped for any month this year. Motor gasoline demand reached a low for any July over the past decade. However, distillate deliveries were strongly higher in July by 10.9 percent over July 2010, led by a 15.1 percent increase in ultra low sulfur distillate deliveries. Also, deliveries of jet fuel were at a three-year high for the month.

WASHINGTON, August 19, 2011 — Erik Milito, group director of upstream and industry operations at API responded to the announcement that BOEMRE will hold the first oil and natural gas lease sale in the Gulf of Mexico since March 2010:

WASHINGTON, August 18, 2011 – API and the Association of Oil Pipe Lines (AOPL) are creating pipeline safety performance improvement Leadership Teams. The teams supplement ongoing performance improvement processes, which have significantly reduced hazardous liquid pipeline accidents over the past decade. The first seven AOPL-API Leadership Teams are developing better solutions for:

WASHINGTON, August 11, 2011 – API President and CEO Jack Gerard welcomed the shale gas subcommittee’s acknowledgement of the economic and energy security benefits of natural gas development, but said the specific recommendations were disappointing and confusing.

WASHINGTON, August 11, 2011 – The American Petroleum Institute (API), along with more than 170 businesses and business groups that together employ millions of American workers, sent a letter to President Obama urging him to stop the Environmental Protection Agency’s (EPA’s) voluntary reconsideration of new National Ambient Air Quality Standards (NAAQS) for ground-level ozone.