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

COLUMBIA, November 15, 2018 – The South Carolina Petroleum Council today released a new study showing that South Carolina’s economy could benefit from nearly $1.6 billion in tax revenues as a result of offshore leasing in the Atlantic Outer Continental Shelf (OCS).

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

RALEIGH, November 15, 2018 – The North Carolina Petroleum Council today released results from a new study highlighting how North Carolina’s economy could benefit from more than two billion dollars in tax revenues as a result of offshore leasing in the Atlantic Outer Continental Shelf (OCS).

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

RICHMOND, November 15, 2018 – The Virginia Petroleum Council today released results from a new study showing that Virginia’s economy could benefit from nearly $1.6 billion in tax revenues as a result of offshore leasing and development in the Atlantic Outer Continental Shelf (OCS).

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ICYMI: Bipartisan Infrastructure Interests Highlighted by API President and CEO and President of the North American Building Trades Union

WASHINGTON, November 13, 2018 – API President and CEO Mike Sommers co-signed an opinion piece in The Hill with Sean McGarvey, President of the North American Building Trades Union, published today. The piece highlights how public investment in America’s energy infrastructure is an issue that the newly elected Congress can build bipartisan consensus on and form coalitions around.

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ICYMI: API Previews Industry’s Comments on EPA’s Proposed Amendments to NSPS OOOOa

Today, November 13, 2018, API Senior Director of Regulatory and Scientific Affairs Howard Feldman held a press call to preview comments that will be delivered for the record on Wednesday, November 14, in Denver during the EPA’s public hearing on the proposed rule, titled  “Oil and Natural Gas Sector: Emission Standards for New, Reconstructed, and Modified Sources Reconsideration.” 



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Latest Keystone XL roadblock hurts America’s energy security

WASHINGTON, November 9, 2018 – Today the American Petroleum Institute strongly condemned the U.S. District Court of Montana’s ruling to delay the building of the Keystone XL pipeline.


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EPA’s final refinery emission rule confirms industry’s progress on environmental protection

WASHINGTON, November 8, 2018 – Today the American Petroleum Institute released the following statement regarding EPA’s final rule on refinery emissions regulations. The agency’s analyses and years of review confirm that refineries are operating at safe air emissions levels to protect public health. 


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