WASHINGTON, May 18, 2018 – Today the American Petroleum Institute (API) joined other trade associations in comments to the Department of Commerce on Section 232’s Interim Final Rule (IFR) to raise concerns over the ability of natural gas and oil companies to receive relief from steel tariffs and quotas.
WASHINGTON, MAY 17, 2018 – Today the American Petroleum Institute reported that the first four months of this year saw U.S. petroleum demand average 750 thousand barrels a day above the same period in 2017 despite higher prices, a sign of solid economic activity. April also saw the U.S. produce a record 10.5 million barrels per day (MBD) of oil.
WASHINGTON, May 15, 2018 – API today released a new study highlighting the natural gas and oil industry’s leadership in making our air cleaner through increased investments in renewables and other low-carbon technologies.
WASHINGTON, May 10, 2017 – Following the publication of the Department of Defense’s Compatibility Assessment Report for the Eastern Gulf of Mexico, API’s Director of Upstream and Industry Operations Erik Milito released the following statement.
DENVER, May 9, 2018 – The Colorado Petroleum Council issued the following statement today as the 71st General Assembly ends, recognizing the progress on establishing clear and smart regulations that help strengthen the industry’s innovations and foster new technologies for improving safety and environmental performance.
ST. PAUL, Minn., May 9, 2018 – The Minnesota Petroleum Council called on members of the Public Utilities Commission to approve the Line 3 pipeline project with the preferred route, as submitted by Enbridge, that will minimize environmental impact and avoid supply disruptions.
WASHINGTON, May 8, 2018 – Today the American Petroleum Institute testified at the House Energy and Commerce hearing on policy implications of electric and conventional vehicles. API Group Director of Downstream and Industry Operations Frank Macchiarola said transportation and energy policies should be based on free-market principles that allow market participants to operate and compete on a level playing field.
WASHINGTON – An unusual coalition representing natural gas, power, renewable energy and energy efficiency industry associations submitted a legal analysis to the Department of Energy (DOE) late Monday opposing federal use of emergency authority to provide a long-term subsidy for aging and uneconomic power plants that would otherwise retire. Such federal action is under consideration following a request from FirstEnergy Solutions (FES), an owner of power plants now in bankruptcy proceedings.
DENVER, May 4, 2018 – Late last night, the Colorado State Senate concurred with the House amendments to the natural gas and oil industry’s compromise statutory pooling bill, Senate Bill 18-230, and the bill now will go to Colorado Governor John Hickenlooper for signature.
WASHINGTON, May 2, 2018 – API today announced that Mike Sommers will be the new President and CEO of the American Petroleum Institute, following an election this afternoon by API’s Board of Directors and a thorough search and transition planning process. Known for bipartisan collaboration and visionary strategic planning, Sommers brings two decades of political experience to API, including his current role as president and CEO of the American Investment Council.