News
U.S. sets new record for natural gas liquids production, ties record for crude oil in July
WASHINGTON, August 16, 2018 – The American Petroleum Institute’s latest monthly statistical report shows the U.S. set a record for the production of natural gas liquids (NGL) last month producing 4.4 million barrels per day (mb/d). July also saw the U.S. tie its record for crude oil production at 10.7 mb/d.
RFS remains flawed and needs to be reformed to protect consumers, API previews comments on EPA’s proposed 2019 Renewable Volume Obligations
WASHINGTON, August 16, 2018 – Today the American Petroleum Institute reminded policymakers that the ethanol mandate under the Renewable Fuel Standard is broken and should be repealed or significantly reformed. During a conference call with reporters, API Downstream Group Director Frank Macchiarola previewed API’s comments to EPA’s proposed rule-making for next year’s RFS volumes, urging the administration to protect consumers from an outdated mandate.
API NY: Consumers score key victory against Cuomo’s misguided policies
ALBANY, N.Y., August 15, 2018 – API New York released the following statement after Competitive Power Ventures scored a key victory against Gov. Cuomo and the New York State Department of Environmental Conservation’s actions to deny the renewal of the air quality permit needed for the operation of the company’s natural gas power plant in Wawayanda, New York.
