WASHINGTON, September 20, 2018 – Today the American Petroleum Institute released its industry outlook for the third quarter of 2018. The report shows the U.S. celebrated another new record for crude oil production of 10.8 million barrels per day (MBD) over the past two months. but U.S. petroleum exports decreased by 1.3 million barrels per day since June. The overall United States’ petroleum trade balance went from net imports of 2.9 MBD in June to 4.54 MBD in August, which is more than a 56 percent increase in two months.
WASHINGTON, September 18, 2018 – API welcomed the Department of the Interior’s (DOI) release today of the revised Bureau of Land Management’s (BLM) waste prevention rule.
WASHINGTON, September 17, 2018 – API released the following statement regarding the additional round of tariffs announced today by the White House, underscoring the negative impacts that a continued escalation of the trade dispute with China will have on American economy and consumers:
WASHINGTON, September 12, 2018 – The American Petroleum Institute joined the Americans for Free Trade coalition, a multi-industry initiative launched today and backed by over 80 leading trade associations from across the country:
WASHINGTON, September 11, 2018 – API issued the following statement regarding EPA’s proposed amendments to its air emissions standards regulating the oil and natural gas industry.
WASHINGTON, September 7, 2018 – The American Petroleum Institute today announced that Debra M. Phillips will join API as Vice President of Global Industry Services (GIS), which is responsible for certification, standards-setting, training, events, publications and safety programs for onshore, offshore and refinery operations. Phillips will join API on October 1st from the American Chemistry Council (ACC), where she serves as Vice President of Sustainability and Market Outreach.
DENVER, August 29, 2018 – Today, Colorado Secretary of State Wayne Williams announced that backers of Initiative 97, a measure that would make 85 percent of non-public land off-limits to natural gas and oil development, appear to have submitted a sufficient number of signatures to qualify for the ballot in November.
WASHINGTON, August 27, 2018 – The American Petroleum Institute released the following statement regarding an announcement that the Trump Administration has reached a preliminary agreement between the United States and Mexico to update the North American Free Trade Agreement (NAFTA):
WASHINGTON, August 22, 2018 – The American Petroleum Institute is enhancing industry resources to seize America’s energy moment and continue to deliver reliable affordable fuels to help consumers power their daily lives.
WASHINGTON, August 21 – API emphasized the counterproductive effects of Section 301 tariffs on America’s natural gas and oil sector, underscoring the damaging impact that Chinese retaliatory tariffs would have on U.S. LNG exports, and urged the Administration not to impose additional tariffs on Chinese products at today’s hearing before the U.S. Trade Representative on Section 301.