News

WASHINGTON, January 26, 2012 - API's Upstream Director Erik Milito welcomed the Interior Department announcement of a June 2012 lease sale in the Central Gulf of Mexico, which would be the first lease sale in the Central Gulf of Mexico since March of 2010.

WASHINGTON, January 24, 2012 – API's President and CEO Jack Gerard welcomed the U.S. Energy Information Administration's new projection that the U.S. will increase domestic production of both oil and natural gas by 2035.

WASHINGTON, January 24, 2012 – Jack Gerard, President and CEO of the American Petroleum Institute, presented remarks to reporters this morning commenting on an expected statement from the president in his state of the union address this evening supporting more domestic energy development.

WASHINGTON, January 20, 2011 – Total petroleum deliveries (a measure of demand) fell 1.2 percent to an average of 18.9 million barrels a day in 2011 compared with 2010.Except for 2008, this was the largest drop in annual domestic deliveries over the past decade.

WASHINGTON, January 19, 2012 – A host of new rules, policies and administrative actions unconducive to oil and natural gas development on federal lands has significantly slowed the rate of leasing, permitting and drilling in these areas since 2009, a new study released today says. This has cost jobs, energy production and revenue to our government.

WASHINGTON, January 18, 2012 – Jack Gerard, President and CEO of the American Petroleum Institute, presented remarks to reporters this afternoon on President Obama's decision to reject granting a permit for the Keystone XL pipeline.

WASHINGTON, January 18, 2012 – Seventy percent of American voters favor increased access to 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, January 18, 2012 – API President and CEO Jack Gerard called on the administration and Congress to start making the right choices on energy if they want to put the nation on track for more economic growth and job creation.

WASHINGTON, January 17, 2012 – Seventy-eight percent of South Carolina 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.

Albany, NY, January 17, 2012 - API today announced Karen Bulich Moreau has joined the New York State Petroleum Council (NYSPC), a division of API, as executive director.