News

WASHINGTON, July 17, 2012 – Overall well completions—including oil and gas wells—maintained its high levels from a year ago of about 11,000 wells in the second quarter, according to API's 2012 Quarterly Well Completion Report: Second Quarter.

WASHINGTON, July 3, 2012 – API Executive Vice President Marty Durbin applauded North Carolina’s Legislature, Senate President Pro Tempore Phil Berger (R-Rockingham) and House Speaker Thom Tillis (R-Mecklenburg) for enacting a law that allows for hydraulic fracturing to develop the state’s natural gas resources.

WASHINGTON, June 28, 2012 ─ API Group Director of Upstream and Industry Operations Erik Milito today described the Interior Department’s new five-year offshore leasing plan as a continuation of the administration’s discouraging pattern of delay and unnecessary restraint.

WASHINGTON, June 28, 2012 ─ API President and CEO Jack Gerard called on President Obama to immediately approve the Keystone XL pipeline and put thousands of Americans to work.

WASHINGTON, June 21, 2012 ─ American Petroleum Institute’s Executive Vice President Marty Durbin applauded the House passage of the Domestic Energy and Jobs Act which looks to increase responsible domestic energy production, create jobs and make the U.S. more energy secure.

WASHINGTON, June 12, 2012 – API Executive Vice President Marty Durbin said API was encouraged by the tax reform objectives put forward yesterday by Senate Finance Committee Chairman Max Baucus in remarks delivered to the Bipartisan Policy Center.

DENVER, June 7, 2012 - The American Petroleum Institute today hosted an “Energy, Jobs and the Economy Town Hall Meeting” in Denver to highlight the job-creating potential – more than 88,000 new jobs – of new U.S. energy production for Colorado.

WASHINGTON, June 6, 2012 – API’s Executive Vice President Marty Durbin applauded the North Carolina Senate for passing legislation today that would open the door for use of hydraulic fracturing in developing the state’s natural gas resources.

KANSAS CITY, Mo., June 6, 2012 - The American Petroleum Institute today hosted a “Missouri Energy Symposium” at the National World War I Memorial to discuss the job-creating impact of new U.S. energy production and the resulting manufacturing prospects for Missouri, as part of its national energy conversation “Vote 4 Energy.”

WASHINGTON, June 6, 2012 – The American Petroleum Institute (API) welcomed legislation introduced in the U.S. House of Representatives, entitled the Domestic Energy and Jobs Act, that would create a real U.S. energy policy to increase production of the domestic oil and natural gas that America needs.