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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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API applauds House action to reverse harmful Bureau of Land Management Planning rule

WASHINGTON, February 7, 2017 – Today API Director of Upstream and Industry Operations Erik Milito applauded the House vote to disapprove the Bureau of Land Management’s (BLM) final Planning 2.0 rule for developing domestic oil and natural gas resources on public lands.

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API-PA: New year, same bad idea – Severance tax would stifle job growth and economic benefits for local communities across Pennsylvania

Harrisburg, Pa., February 7, 2017 – API-PA Executive Director Stephanie Catarino Wissman today criticized Governor Tom Wolf’s third attempt to implement a severance tax on Pennsylvania’s natural gas industry.

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API launches Power Past Impossible campaign during Super Bowl showing natural gas and oil benefit to consumers in everyday life

WASHINGTON, February 5, 2017 – Today during the Super Bowl API will launch Power Past Impossible, a national advertising campaign to highlight how natural gas and oil provide enormous value to Americans’ everyday lives. The campaign’s first ad will air in a 30 second TV spot during the Super Bowl. The new campaign will feature various unexpected ways in which consumers benefit from products derived from natural gas and oil.

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API praises House action on unnecessary Methane and Waste Prevention rule

WASHINGTON, February 3, 2017 – API President and CEO Jack Gerard applauded today’s announcement that the House of Representatives will seek to eliminate the Bureau of Land Management’s (BLM) duplicative and costly methane controls for many of the very same emission sources already regulated by the Environmental Protection Agency and the states.

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