News

WASHINGTON, May 18, 2012 ─ The American Petroleum Institute applauded today’s strong bipartisan vote in the House of Representatives to support the Keystone XL pipeline, as Congress continues to take the lead to create new American jobs and enhance our energy security.

WASHINGTON, May 15, 2012 – API President and CEO Jack Gerard said the administration’s report on idle oil and natural gas leases is a political ploy designed to distract American voters from the administration’s failed energy policy.

WASHINGTON, May 15, 2012 – At the National Press Club this morning, President and CEO Jack Gerard presented API’s Report to the Platform Committees, which lays out the industry’s vision for making the right energy policy choices for our nation. He told reporters at the event that a comprehensive conversation about energy policy during this presidential election year can help our nation make sound decisions about energy that will create more jobs, increase revenue to the government, and enhance our nation’s energy security.

WASHINGTON, May 14, 2012 - API hosted its fifteenth hydraulic fracturing workshop on the oil and natural gas industry’s open and transparent process for developing recommended practices, industry standards and guidance documents for hydraulic fracturing, as well as the latest activities in the development of shale energy.

CLEVELAND, May 11, 2012 ─ At a City Club of Cleveland event, API President and CEO Jack Gerard said that Ohio was experiencing an energy “rebirth” and that it could be a game changer for jobs and economic growth in the state.

WASHINGTON, May 10, 2012 – API welcomed White House plans to eliminate unnecessary regulations that are costing American jobs and harming our economy, including the elimination of unnecessary vapor recovery systems at gasoline pumps, but urged the administration to eliminate upcoming greenhouse gas, tier III and PM NAAQS regulations that would be even more burdensome.

WASHINGTON, May 9, 2012 – API’s President and CEO Jack Gerard told reporters this morning that the states have demonstrated competency, efficiency and expertise in regulating hydraulic fracturing in oil and natural gas development, raising a fundamental question about the need for the Bureau of Land Management’s own proposed regulations.

WASHINGTON, May 4, 2012 - API’s Senior Director of State Government Relations Rolf Hanson said that the decision by the Vermont legislature to issue a statewide ban on the use of hydraulic fracturing is shortsighted and uninformed.

WASHINGTON, May 4, 2012 - The American Petroleum Institute challenged President Obama to immediately boost our nation’s economic and energy security by lending his support to the entire Keystone XL pipeline. There is no reason for additional delays now that TransCanada has resubmitted a presidential permit application and Nebraska is evaluating the newly proposed route alternatives that completely avoid the Sand Hills area.

WASHINGTON, April 24, 2012 – API’s Chief Economist John Felmy told reporters this morning that when America’s oil and natural gas industry reports solid earnings it means jobs are being created and more revenue is being delivered to government.