News

WASHINGTON, March 27, 2012 - API and the Joint Industry Task Forces released the final of three reports and a progress report of the fourth. Collectively, these documents provide positive recommendations to the government on how to improve offshore safety.

WASHINGTON, March 8, 2012 – API President and CEO Jack Gerard outlined policy proposals the Obama Administration can enact now to immediately put downward pressure on gasoline prices in a press conference call with reporters.

HOUSTON, March 7, 2012 - The Center for Offshore Safety’s governing board today announced Charlie Williams as the Executive Director to lead the Center on its ongoing commitment to the safe development of America’s vast deepwater offshore natural resources.

WASHINGTON, March 1, 2012 – In remarks to reporters this morning, API’s Vice President for Regulatory and Economic Policy Kyle Isakower said a wave of possible new federal rules on shale oil and natural gas development could threaten its expansion and the increased jobs and revenue it promises to generate

Washington, D.C., February 24, 2012 – Seventy-seven percent of Michigan voters favor more development of U.S. oil and natural gas resources, and similar numbers believe more oil and natural gas development would provide major benefits to the nation, including more U.S. jobs, according to a new poll released today.

WASHINGTON, February 23, 2012 – In remarks to reporters this morning, API’s President and CEO Jack Gerard, strongly urged the administration to act to encourage more domestic oil and natural gas development, which it says it supports, in order to help put downward pressure on prices, strengthen energy security, create jobs and increase revenue to the government:

WASHINGTON, February 17, 2012 – API Group Director of Upstream and Industry Operations Erik Milito criticized a plan by the Department of Interior to raise onshore oil and natural gas royalty rates by 50 percent at the same time President Obama has called for more domestic production.

WASHINGTON, February 3, 2012 - API President & CEO Jack Gerard called on the administration to reverse its course from recommendations made by the Bureau of Land Management that would limit access to developing energy resources in Colorado, Utah and Wyoming.

WASHINGTON, January 31, 2012 - API today began the first in a series of hydraulic fracturing workshops scheduled this year in regions where shale energy is being developed. The workshops continue the conversation started during API's inaugural hydraulic fracturing workshop last fall in Pittsburgh.

WASHINGTON, January 27, 2012 – Oil well drilling activity continued to increase in the fourth quarter of 2011, according to API's 2011 Quarterly Well Completion Report: Fourth Quarter.