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Ban on hydraulic fracturing hurts Maryland's economic and environmental goals

ANNAPOLIS, Md., March 27, 2017 – Maryland Petroleum Council (MPC) Executive Director Drew Cobbs said today that the Maryland General Assembly’s decision to approve a statewide ban on hydraulic fracturing could hurt Maryland families, jobs, government revenue and energy security.

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API welcomes repeal of uncertain, harmful ONRR valuation rule

WASHINGTON, March 24, 2017 – API Upstream and Industry Operations Group Director Erik Milito welcomed the Interior Department’s Office of Natural Resources Revenue (ONRR) plan to repeal its regulation on valuing royalties from oil and natural gas produced on public lands due to the rule’s lack of certainty, clarity and consistency.

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API's Gerard welcomes federal approval of the Keystone XL pipeline

WASHINGTON, March 24, 2017 – API President and CEO Jack Gerard welcomed the State Department’s approval of the cross-border permit needed for the advancement of the Keystone XL pipeline. 

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

WASHINGTON, March 23, 2017 – Total petroleum deliveries in February moved up 0.1 percent from February 2016 to average 19.7 million barrels per day. These were the highest February deliveries in nine years, since 2008. Compared with January 2017, total domestic petroleum deliveries, a measure of U.S. petroleum demand, also increased 2.2 percent. For year to date, total domestic petroleum deliveries increased 0.7 percent compared to the same period last year.

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API welcomes House discussion on improving ozone rules

WASHINGTON, March 22, 2017 – API welcomed the discussion before the House Energy and Commerce Subcommittee on Environment on the Ozone Standards Implementation Act introduced by Rep. Pete Olson (R-Texas). API Senior Director of Regulatory & Scientific Affairs Howard Feldman said that the bill is a path forward to giving state and local regulators adequate time and flexibility to implement new ozone standards while protecting jobs and not obstructing economic growth.

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New API licensed CK-4 and FA-4 diesel engine oils on store shelves now

WASHINGTON, March 22, 2017 – The American Petroleum Institute (API) has licensed approximately 400 CK-4 and more than 60 FA-4 oils submitted by large, medium, and small oil marketers. While already significant, API expects availability to grow substantially over the next few years as more oil marketers add oils meeting the new standards to their product lines to address the needs of a variety of engine technologies–new and old, and in use both on- and off-highway.

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API Ohio: Energy mandates hurt Ohio consumers and distort energy markets

COLUMBUS, Ohio – March 21, 2017 – API Ohio Executive Director Chris Zeigler testified before the Ohio House of Representatives Public Utilities Committee in support of legislation that would remove government mandates for electricity generation in the state.

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API: Subsidies for nuclear power generation could hurt Connecticut consumers

HARTFORD, Conn. –March 21, 2017 – Connecticut Petroleum Council Executive Director Steven Guveyan criticized the Connecticut General Assembly’s Energy and Technology Committee’s approval of legislation that would provide subsidies for nuclear power generation. 

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Ban on energy development would be a loss for Maryland families and consumers

Annapolis, Md., March 17, 2017 – Maryland Petroleum Council (MPC) Executive Director Drew Cobbs said today that Governor Hogan’s announced support for a ban of hydraulic fracturing to develop natural gas resources in Maryland was a premature decision, prior to the Senate’s opportunity to vote.

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API welcomes EPA action to strengthen U.S. energy facilities, urges Congress to follow suit

WASHINGTON, March 14, 2017 – API Downstream Group Director Frank Macchiarola said that EPA’s action to put an administrative stay on the agency’s Risk Management Plan rule is important to protecting the security of industrial facilities throughout the country.

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