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API’s Jack Gerard applauds administration action aimed at unleashing innovation, creating jobs

WASHINGTON, February 24, 2017 – API President and CEO Jack Gerard applauded President Trump’s executive action released today to establish regulatory reform task forces at government agencies to identify regulations that could be repealed, replaced or changed.

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BLM’s Methane and Waste Prevention rule hurts American consumers and local economies

WASHINGTON, February 23, 2017 – Colorado Petroleum Council Executive Director Tracee Bentley urged the U.S. Senate to follow the House and support a disapproval resolution on the Bureau of Land Management’s (BLM) Methane and Waste Prevention rule because the flawed rule doesn’t improve upon U.S. successes in methane emissions reductions and could negatively impact American consumers, local revenues and energy security.

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API supports EPA’s proposed decision to reject moving Point of Obligation

WASHINGTON, February 22, 2017 – Today API is submitting comments to the Environmental Protection Agency in support of the agency’s proposed decision to reject moving the Point of Obligation for RFS compliance. API Downstream Group Director Frank Macchiarola told reporters in a press conference that moving the point of obligation distracts from real meaningful reform of the Renewable Fuel Standard.

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API raises awareness of global safety standards and certification programs

MONTERREY, Mexico – February 21, 2017 – The American Petroleum Institute‘s Global Industry Services (API GIS) department today led a workshop to raise awareness of API’s global safety and accreditation certification programs for oil and natural gas industry service companies and equipment manufacturers in the region.

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Petroleum demand last month highest for January since 2008 (includes monthly statistical report)

WASHINGTON, February 17, 2017 – Total petroleum deliveries moved up by 1.2 percent from the prior year to nearly 19.3 million barrels per day in January 2017. These were the highest January deliveries in nine years, since 2008. 

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Colorado health officials have serious concerns over misleading research on hydraulic fracturing

DENVER, February 15, 2017 – Colorado Petroleum Council Executive Director Tracee Bentley strongly slammed a report released today by the University Of Colorado School Of Public Health.

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SEC can achieve transparency without harming American companies and workers

WASHINGTON, February 14, 2017 – API President and CEO Jack Gerard today welcomed President Trump’s decision to rescind the Securities and Exchange Commission’s (SEC) rule implementing Section 1504 of the Dodd-Frank Act, which harms American companies and workers.

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API welcomes Army Corps action to advance the Dakota Access Pipeline

WASHINGTON, February 8, 2017 - API President and CEO Jack Gerard released the following statement after the U.S. Army Corps of Engineers implemented the final easement needed to complete the Dakota Access Pipeline.

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Petroleum Council highlights benefits of energy development to Colorado jobs, economic growth and state revenue

DENVER, February 8, 2017 – Colorado Petroleum Council (CPC) Executive Director Tracee Bentley and American Petroleum Institute (API) Chief Economist Erica Bowman today delivered a presentation on the economics of oil and natural gas benefits to Colorado consumers and economy before the Joint Senate Agriculture, Natural Resources and Energy and House Transportation and Energy committees. 

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API: Picking winners and losers in energy market hurts Connecticut consumers

HARTFORD, Conn. –  February 7, 2017 – Connecticut Petroleum Council Executive Director Steven Guveyan today testified before the Connecticut General Assembly’s Energy and Technology Committee in opposition to legislation that would provide subsidies for nuclear power generation.

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