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API Ohio praises House action to remove onerous tax increase from state budget

COLUMBUS, Ohio, April 25, 2017 – API Ohio Executive Director Chris Zeigler welcomed the Ohio House Finance Committee’s decision to remove the proposed severance tax increase from House Bill 49.

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API recognizes Chevron Pipe Line Company and Portland Pipe Line Corporation with Distinguished Safety and Environmental Awards

SAN ANTONIO, April 25, 2017 - The American Petroleum Institute (API) awarded its 2016 Distinguished Safety and Environmental Award to Chevron Pipe Line Company and Portland Pipe Line Corporation. This is API’s highest safety and environmental performance award for pipeline operators, and it was presented to the companies at API’s 68th annual pipeline conference in San Antonio, Texas.

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API Ohio: Reject nuclear subsidies and stop misleading Ohioans

COLUMBUS, Ohio – April 25, 2017 – API Ohio Executive Director Chris Zeigler urged members of the Ohio legislature to reject legislation that would subsidize nuclear power companies, and called on corporate supporters of the legislation to stop misleading Ohio consumers with false information on the economic and environmental consequences of shuttering nuclear power plants in the state. Zeigler’s comments come as the Ohio House Public Utilities Committee hears testimony on the bill (H.B. 178) on Tuesday.

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Pipelines continue to be one of the safest ways to transport energy, says new report

WASHINGTON, April 24, 2017 – API, along with the Association of Oil Pipe Lines (AOPL), released the pipeline industry’s 2017-2019 Pipeline Safety Excellence Strategic Plan and 2016 Performance Report summarizing the industry’s track record on pipeline safety and outlining the steps being taken by pipeline operators to advance safety efforts throughout the pipeline supply chain.

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

WASHINGTON, April 20, 2017 – Total petroleum deliveries in March moved up 0.2 percent from March 2016 to average nearly 19.7 million barrels per day. These were the highest March deliveries in nine years, since 2008. For the first quarter of 2017, total domestic petroleum deliveries, a measure of U.S. petroleum demand, were up 0.4 percent compared with the first quarter of 2016 to average 19.5 million barrels per day. These were the highest first quarter deliveries since 2008. According to the U.S. Bureau of Labor Statistics (BLS) April 7, 2017 report, the U.S. added 98,000 jobs in March. In addition, the unemployment rate (4.5 percent) and the number of unemployed persons (7.2 million) were down from prior month and the prior year.

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API New York calls on state leaders to embrace consumer, job and environmental benefits of natural gas

ALBANY, NY, April 20, 2017 – API New York Executive Director Karen Moreau called for a course correction on energy by New York’s leadership, and she stressed the important impact clean-burning natural gas can have on jobs, government revenue, and lowering carbon emissions.

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API: Science shows expansion of EPA’s potentially costly Ozone Transport Region is unnecessary

WASHINGTON, April 13, 2017 – In testimony delivered during a hearing today, API said that it agrees with the Environmental Protection Agency (EPA) that it is not necessary to expand the Ozone Transport Region (OTR) and cautions that the change could increase compliance costs and that current regulations are already working. API supports the EPA’s proposed relief to states, tribes, citizens, and businesses, through denial of the 2013 Clean Air Act Section 176A Petition. 

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Colorado Petroleum Council: Senate decision affirms science and common sense in safe, responsible energy development

DENVER, April 12, 2017 – Colorado Petroleum Council Executive Director Tracee Bentley welcomed the state Senate Agriculture, Natural Resources and Energy Committee’s support for the existing setback regulations established just four years ago by the Colorado Oil and Gas Conservation Commission (COGCC). The decision to reject HB17-1256 affirms the authority of the Colorado Department of Public Health and Environment (CDPHE) and the COGCC to ensure that protection of human health and the environment is paramount and balanced responsibly with the safe development of the state’s oil and natural gas resources.

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API survey: U.S. shale drilling expenditures up in 2015

WASHINGTON, April 10, 2017 – The domestic oil and natural gas industry spent an estimated $122.8 billion in drilling approximately 28,809 oil and natural gas wells in 2015, according to API’s 2015 Joint Association Survey on Drilling Costs. 

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API: Oil and gas drilling sees 35 percent increase over 2016 levels

WASHINGTON, April 7, 2017 – API announced today that estimated total wells drilled and completed in the first quarter of 2017 saw an increase of 35 percent compared to the first quarter of 2016. This is a drastic improvement from 2016 levels which saw a 59 percent decrease in total wells drilled and completed from the previous year.

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