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API applauds trilateral trade agreement between Canada, Mexico, and the United States

WASHINGTON, October 1, 2018 – The American Petroleum Institute released the following statement after the Trump Administration announced that Canada has joined an agreement with the United States and Mexico to form the United States, Mexico, and Canada Agreement (USMCA):


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Record setting U.S. energy production highlights 2018 Q3 energy outlook but energy exports suffer under new trade and tariff policies (includes August monthly statistical report)

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.

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API: Additional Section 301 Tariffs Hurt American Economy, Consumers

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:

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API Joins Major Multi-Industry Coalition Against Tariffs

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:

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API statement on preliminary agreement reached between U.S., Mexico to update NAFTA

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):

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Additional Section 301 Tariffs Hurt U.S. Consumers, Natural Gas and Oil Industry

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.

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Chinese Retaliatory Tariffs Threaten U.S. Energy Industry

WASHINGTON, August 3, 2018—API released the following statement regarding China’s announcement it intends to impose new retaliatory tariffs on U.S. liquefied natural gas (LNG) in addition to retaliatory tariffs on crude oil, refined products, and petrochemicals

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ICYMI: Concern grows among U.S. businesses and consumers about the impacts of tariffs

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What They Are Saying: Concern grows among U.S. businesses and consumers about the impacts of tariffs

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Steel tariff exclusion rulings harm American consumers by denying critical needs of the natural gas and oil industry

WASHINGTON, July 17, 2018 – API believes the Department of Commerce’s ruling to deny product exclusions from Section 232 tariffs on imported steel could have negative consequences for America’s natural gas and oil industry and consumers that depend on affordable energy. Yesterday’s decision denies a product exclusion for a U.S. natural gas and oil company despite a lack of domestic capacity to manufacture the product to the company’s exact specification.

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API: Steel tariff exclusion rulings hurt American workers and lack transparent process

WASHINGTON, July 13, 2018 – API today expressed disappointment in the administration’s latest action to deny exclusions from Section 232 tariffs on imported steel used in certain parts of oil and natural gas industry operations, a misguided decision that could impact American energy production and American jobs.

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