News

WASHINGTON, October 19, 2012 – Total U.S. petroleum deliveries (a measure of demand) fell 3.8 percent in September against a year ago to 18.2 million barrels per day. Demand was down 2.4 percent year to date compared with a year ago and down 2.1 percent from last month, August 2012. September deliveries were at their second lowest level for that month since 1996. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for July 2012 (latest available).

WASHINGTON, October 15, 2012 – The American Petroleum Institute (API) has settled American Petroleum Institute v. Tailor Made Oil, LLC, et al., S.D. Indiana No. 1:11-cv-1386.

WASHINGTON, September 21, 2012 – Total U.S. petroleum deliveries (a measure of demand) fell 4.3 percent in August against a year ago to 18.6 million barrels per day. While this was up 2.8 percent from the month before, it was the lowest August level in 15 years and contributed to 2.6 percent lower petroleum demand for the year to date compared with the same period in 2011. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for June 2012 (latest available).

WASHINGTON, September 20, 2012 – The American Petroleum Institute (API) welcomed bipartisan legislation introduced by Representatives Pete Olson (R-Tex.) and Gene Green (D-Tex.) that would fix major flaws in the Environmental Protection Agency’s (EPA’s) renewable fuel credit program.

WASHINGTON, August 10, 2012 – Rising crude oil prices have been by far the largest contributor to rising gasoline prices in California and across the country, according to API Chief Economist John Felmy. He said that refineries are producing record amounts of gasoline – enough to meet domestic demand.

WASHINGTON, July 24, 2012 – API President and CEO Jack Gerard told reporters this afternoon that API’s new “Energy Works” campaign will help educate Americans about jobs the oil and natural gas industry is providing Americans and the contributions it is making to their communities.

WASHINGTON, July 20, 2012 – Total petroleum deliveries (a measure of demand) fell 2.6 percent the first six months of 2012 compared with the same period a year ago – and were down 3.0 percent in June from June 2011. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for April 2012 (latest available).

WASHINGTON, June 27, 2012 – The American Petroleum Institute Pipeline Subcommittee adopted eight pipeline safety principles at meetings this week with industry operators and the Association of Oil Pipe Lines.

WASHINGTON, June 22, 2012 – Total petroleum deliveries (a measure of demand) rose half a percent in May over the same month last year to 18.5 million barrels per day. Gasoline demand was up 0.4 percent, but, for the first five months of 2012, was 0.6 percent below the same period a year ago. May distillate demand was up 2.0 percent, though down 1.5 percent for the first five months. Jet fuel demand rose in May. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for March 2012 (latest available).

WASHINGTON, May 18, 2012 – While total petroleum deliveries (a measure of demand) slipped 0.3 percent in April compared with April 2011, gasoline deliveries were up 0.9 percent to 8.8 million barrels per day. For the first four months of 2012, gasoline demand was up 0.3 percent compared with the same period a year ago. April distillate demand was up 1.3 percent. April jet fuel and residual fuel deliveries declined. Monthly Statistical Report, Petroleum Facts at a Glance, Monthly Import Statistics for February 2012 (latest available)