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API hires Central Region Campaign Manager

WASHINGTON, December 10, 2018 – API today announced Kevin Servick is joining API as Central Region Campaign Manager as the natural gas and oil industry continues to enhance industry resources to seize America’s energy moment and continue to deliver reliable affordable fuels to help consumers power their daily lives.

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API: USGS Identifies More Recoverable Natural Gas and Oil in Permian Basin; Affirms U.S. Energy Leadership

WASHINGTON, December 6, 2018 – The American Petroleum Institute released the following statement regarding today’s U.S. Geological Survey with new estimates for natural gas and oil in the Permian basin that show the assessments for technically recoverable resources have increased over the past decade.

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Denver Business Journal Recognizes Colorado Petroleum Council Executive Director Tracee Bentley as a 2018-2019 “Who’s Who in Energy” Awardee

DENVER, December 6, 2018 – Colorado Petroleum Council Executive Director Tracee Bentley was named today as a member of the Denver Business Journal’s 2018-2019 “Who’s Who in Energy” class.

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The Environmental Partnership More Than Doubles in Size in its First Year

WASHINGTON, December 4, 2018 – On December 5th, The Environmental Partnership will mark its first anniversary by announcing that it has more than doubled in size since the initiative was launched. The industry-led program is now made up of 53 oil and natural gas producing companies representing nearly one-third of the industry’s production, who are working to continuously improve their environmental performance.

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EPA’s latest biofuel volumes reflect a broken Renewable Fuel Standard

WASHINGTON, November 30, 2018 – Today the American Petroleum Institute said EPA’s final ethanol volumes for 2019 and biodiesel volumes for 2020 are an annual reminder that the Renewable Fuel Standard is broken.


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ICYMI: Explore Offshore Hosts Capitol Hill Briefing on U.S. Energy Future

WASHINGTON, November 29, 2018 – Explore Offshore, a bipartisan, national coalition to promote expanded access to offshore oil and natural gas resources, held a briefing on Capitol Hill this week (November 28, 2018) to discuss the importance of expanded offshore access and recently released studies affirming the economic boost outer continental shelf (OCS) leasing could give to coastal states – in the form of cumulative tax revenues over a 20-year forecast period.

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EPA set to release its annual reminder that the RFS is broken

WASHINGTON, November 19, 2018 – As the EPA finalizes ethanol volumes for 2019 and biodiesel volumes for 2020 under the Renewable Fuel Standard, the American Petroleum Institute urged the agency to protect consumers from the ethanol blendwall and to continue to reject efforts by some to reallocate volumes from small refinery exemptions.


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Bolstered by a strengthening economy, U.S. sets new record for petroleum demand in October

WASHINGTON, November 16, 2018 – The American Petroleum Institute’s latest monthly statistical report showed U.S. petroleum demand in October was 20.8 million barrels per day (mb/d), the strongest for the month since 2006. The U.S. also set October records for gasoline demand at 9.5 mb/d; refining and petrochemical demand for liquid feedstocks, naphtha, and gasoil at 5.1 mb/d; and, refinery throughput at 16.6 mb/d.

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New Study: Offshore natural gas and oil reserves could provide billions of dollars in revenue for Florida

TALLAHASSEE, November 15, 2018 – The Florida Petroleum Council today released results from a new study showing that Florida’s economy could benefit from $2.5 billion as a result of offshore leasing in the Atlantic Outer Continental Shelf (OCS) and the Eastern Gulf of Mexico.

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New Study: Offshore natural gas and oil reserves could provide billions of dollars in revenue for Georgia

ATLANTA, November 15, 2018 – Georgia Petroleum Council today noted released results from a new study highlighting how Georgia’s economy could benefit from over $200 million in tax revenues as a result of offshore leasing in the Atlantic Outer Continental Shelf (OCS).

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