News

WASHINGTON, December 21, 2012 – Total U.S. petroleum deliveries (a measure of demand) were down 3.3 percent from November a year ago to 18.5 million barrels per day and decreased slightly (0.2 percent) from October 2012. Demand was at its lowest November level in 17 years and marked the tenth monthly year-over-year decrease (every month except May) for the 11 months so far in 2012. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for September 2012 (latest available).

WASHINGTON, December 14, 2012 – API Director of Regulatory and Scientific Affairs Howard Feldman said that EPA’s new particulate matter (PM) standards will increase costs and are not justified given existing standards are working.

WASHINGTON, December 13, 2012 – API Senior Economic Adviser Rayola Dougher told reporters this morning that continued expansion of oil and natural gas development in America could contribute greatly to the nation’s economy and energy security, but that the right policies would be needed to help accomplish this.

WASHINGTON, December 12, 2012 – API Director of Regulatory and Scientific Affairs Howard Feldman told reporters this afternoon that EPA’s proposed new particulate matter (PM) standards could not be justified on the basis of health benefits.

WASHINGTON, December 5, 2012 – API Group Director of Upstream and Industry Operations Erik Milito welcomed the latest Department of Energy study finding that exports of liquefied natural gas (LNG) would benefit the U.S. economy.

Washington, December 5, 2012 – API Senior Economic Advisory Rayola Dougher said that Energy Outlook released today by EIA adds to the growing chorus that predicts increased domestic energy production could make America a global energy giant in just a few short years.

WASHINGTON, December 4, 2012 – API Downstream Manager Cindy Schild and API Central Region Director John Kerekes told reporters this morning that Americans overwhelmingly support the Keystone XL pipeline project, which could create many thousands of U.S. jobs and strengthen the nation’s energy security.

WASHINGTON, December 3, 2012 – API President and CEO Jack Gerard today released a new report by IHS Global Insight showing the oil and natural gas industry is in a strong position to expand its workforce with minority employees.

WASHINGTON, November 27, 2012 – API Downstream Group Director Robert Greco told reporters this morning that the federal Renewable Fuels Standard should be eliminated because it is not working well and because it will force higher concentrations of ethanol in gasoline that could harm vehicles.

WASHINGTON, November 27, 2012 – The American Petroleum Institute (API) filed a lawsuit in the U.S. Court of Appeals for the District of Columbia late Monday against the Environmental Protection Agency (EPA) for its decision to mandate the use of 1.28 billion gallons of biodiesel in 2013, a 28 percent increase from the 2012 requirement.