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.
WASHINGTON, April 5, 2017 – API President and CEO Jack Gerard stressed the need for forward-looking energy policies that embrace the U.S. energy renaissance as API released a new study examining the negative impacts of policies that restrict the production of fossil fuels.
WASHINGTON, March 31, 2017 – API Chief Economist Erica Bowman reiterated the benefits of natural gas for electricity generation and grid reliability after PJM Interconnection, which coordinates the movement of wholesale electricity in all or parts of 13 states and the District of Columbia for more than 65 million people, released a study confirming the reliability of natural gas for power generation.
WASHINGTON, March 27, 2017 – API President and CEO Jack Gerard called President Trump’s “Energy Independence” executive order an important step forward in restoring common sense regulations that are needed to advance the U.S. energy renaissance.
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.
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.
Annapolis, Md., March 10, 2017 – Maryland Petroleum Council (MPC) Executive Director Drew Cobbs said today that legislation (HB1325) to ban hydraulic fracturing would prohibit a process that benefits every Marylander every day. It is also at odds with Maryland voters, who – according to two recent and separate polls – support development of natural gas resources in Western Maryland by more than a two-to-one margin across all regions of the state, and oppose a fracking ban, according a recent Goucher Poll.
DENVER, March 9, 2017 – The Colorado Petroleum Council (CPC) hosted the second annual State of Energy in Colorado event in Denver to discuss the future of oil and natural gas development in Colorado with American Petroleum Institute President and CEO Jack Gerard, Governor John Hickenlooper, and Mayor Michael Hancock.
WASHINGTON, March 7, 2017 – API Upstream and Industry Operations Group Director Erik Milito applauded the Senate 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 and encouraged the Senate to vote to repeal the methane rule next.
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.