WASHINGTON, September 28, 2016 – API Upstream Director Erik Milito highlighted the importance of seismic testing in the Gulf of Mexico after the Bureau of Ocean Energy Management (BOEM) announced its Draft Programmatic Environmental Impact Statement (PEIS) that evaluates the potential impacts of geological and geophysical surveys in the Gulf of Mexico as part of the regulatory development process for those activities.
WASHINGTON, September 26, 2016 – API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard’s full remarks, as prepared for delivery, from Monday’s press conference call are available on API’s website.
WASHINGTON, September 23, 2016 – Starting Oct. 13, the U.S. Energy Information Administration (EIA) will no longer include crude oil lease stocks in the U.S. total commercial crude inventory data series. This change, recently announced as a requirement by the EIA, will exclude oil that is stored in tanks on lease lands where production is taking place prior to being transferred for commercial stock storage. Lease stocks currently amount to nearly 31 million barrels of oil.
WASHINGTON, September 19, 2016 – EPA’s new ozone regulation, the Exceptional Events Rule, does not correctly attribute ozone precursor emissions that are not man-made, and could hamper states’ abilities to meet air quality standards, according to API Senior Director of Regulatory & Scientific Affairs Howard J. Feldman. API and many states have expressed these concerns.
WASHINGTON, September 16, 2016 – Total petroleum deliveries in August moved up by 1.6 percent from August 2015 to average 20.1 million barrels per day. These were the highest August deliveries in nine years, since 2007.
WASHINGTON, September 15, 2016 – API welcomed the Senate’s bipartisan action to approve the Water Resources Development Act (WRDA), as the bill will put in place the necessary resources aimed at improving the integrity and safety of our nation’s ports and harbors.
WASHINGTON, September 15, 2016 – The dramatic resurgence of the United States as an energy superpower has provided tremendous economic and environmental benefits, API Upstream Director Erik Milito testified during a House Committee hearing on the Environmental Protection Agency’s methane regulations.
WASHINGTON, September 13, 2016 – API President and CEO Jack Gerard and North America’s Building Trades Unions President Sean McGarvey highlighted the benefits of increased energy infrastructure and discussed recent administration actions surrounding the Dakota Access Pipeline and the potential impacts on the rule of law, American workers, and American consumers.
WASHINGTON, September 13, 2016 – Today in a press call with reporters API Downstream Group Director Frank Macchiarola reminded policymakers that the Renewable Fuel Standard mandate needs to be repealed or significantly reformed, and any efforts to tinker with the RFS at the margins will not work and will continue to push consumers to use high ethanol blends that they don’t want and could harm their car engines.
WASHINGTON, August 30, 2016 – Today, API President and CEO Jack Gerard highlighted our nation’s global leadership in energy production and reducing carbon emissions. Gerard spoke ahead of Wednesday’s 20th annual Lake Tahoe Summit where President Obama is expected to address his legacy on environmental issues.