News

WASHINGTON, November 8, 2012 – API President and CEO Jack Gerard told reporters this morning that energy was a big winner in the election. Energy became a high-profile issue during the campaign, and President Obama declared his support for more U.S. oil and natural gas development, putting him in agreement with most voters.

Washington, D.C., November 8, 2012 – Strong majorities of voters support increased access to domestic oil and natural gas resources, regardless of party affiliation, gender or age, according to a new Harris Interactive poll released by the American Petroleum Institute.

WASHINGTON, November 7, 2012 – API President and CEO Jack Gerard congratulated President Obama on his re-election, saying he looks forward to continuing API’s work with the administration to expand domestic oil and natural gas as major pathway for job creation and economic growth.

WASHINGTON, October 25, 2012 – American Petroleum Institute President and CEO Jack Gerard told attendees at a Vote 4 Energy event in the nation’s capital that developing America’s oil and natural gas resources could put millions of Americans to work and help sustain a strong economy for generations.

WASHINGTON, October 23, 2012 – API President and CEO Jack Gerard said today that the latest report by IHS Global Insight shows development of America’s unconventional oil and natural gas resources could create nearly 2 million new jobs over the next two decades, reawaken American manufacturing, and provide massive revenues to the government.

WASHINGTON, October 18, 2012 – API Director of Upstream Erik Milito told reporters this morning that results from recent USGS water quality testing in EPA monitoring wells at Pavillion, Wyoming raise serious questions about the adequacy of EPA practices in drilling monitoring wells and testing water samples.

WASHINGTON, October 10, 2012 – The American Petroleum Institute (API), along with a coalition of concerned business groups, sued the U.S. Securities and Exchange Commission (SEC) in federal court to challenge the SEC’s implementation of Section 1504 of the Dodd-Frank Act because the SEC disregarded its clear legal obligations to limit the costs and anti-competitive harm of the rule.

WASHINGTON, October 4, 2012 – Development of America’s shale industry in recent years is one reason the U.S. oil and natural gas industry has been able to create 100,000 jobs since the recession began, API Chief Economist John Felmy said today.

WASHINGTON, September 25, 2012 – API Director of Upstream Erik Milito and API Director of Regulatory and Scientific Affairs Howard Feldman told reporters this morning that the administration’s policies on improving regulations and encouraging domestic oil and natural gas development continue to hamper energy production and job creation and threaten to leave the nation with a less secure energy future.

WASHINGTON, September 19, 2012 – API President and CEO Jack Gerard said that the “Empower States Act” introduced in the Senate would benefit jobs and energy production by strongly encouraging continued responsible state regulation of hydraulic fracturing.