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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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API: Tariffs hurt workers, consumers, American energy dominance

WASHINGTON, July 25, 2018 – API highlighted the devastating impacts of the administration’s tariffs on imported steel and other goods at today’s hearing before the U.S. Trade Representative on section 301 tariffs.

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Colorado Petroleum Council to Host Annual State of Colorado Energy Luncheon

DENVER, July 23, 2018 – The Colorado Petroleum Council, a division of the American Petroleum Institute, today announced details of its upcoming annual State of Colorado Energy Luncheon. The gathering, scheduled for Thursday, July 26th, will feature U.S. Deputy Secretary of the Interior David Bernhardt, former U.S. Secretary of the Interior Ken Salazar, and American Petroleum Institute President & CEO Jack Gerard. Tracee Bentley, Executive Director of the Colorado Petroleum Council, will moderate the discussion.

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API Michigan: The safety, health and protection of people, the environment and communities are the top priorities for the natural gas and oil industry

LANSING, Mich., July 19, 2018 – API Michigan released the following statement, reiterating that the safety of pipelines and the important role they play in the efficient transportation of energy, on the same day that the Michigan Petroleum Pipelines (MTU) released its report, “Risk Analysis for The Straits Pipelines,” for public comment.

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Proposed coal, nuclear power plant bailout could exceed $34 billion in new costs on taxpayers or consumers

WASHINGTON, July 19, 2018 - Today, API along with Advanced Energy Economy, the American Wind Energy Association, the Electricity Consumers Resource Council, the Electric Power Supply Association, and the Natural Gas Supply Association released a new study to estimate the cost of the Trump Administration’s proposed plan to bail out uneconomic coal and nuclear plants across the country. The study was commissioned by the trade associations listed above and completed by The Brattle Group.

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June marks highest ever production of U.S. crude oil & natural gas liquids

WASHINGTON, July 19, 2018 – Today, API released its monthly statistical report for June of 2018 highlighting that U.S. production of crude oil and natural gas liquids hit is highest level ever. In June, production of crude oil hit 10.7 million barrels per day (mb/d) and production of natural gas liquids hit 4.2 mb/d.

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Colorado Petroleum Council Executive Director Tracee Bentley Responds to Governor Hickenlooper’s Executive Order on Orphaned Wells

DENVER, July 18, 2018 – Colorado Petroleum Council Executive Director Tracee Bentley issued the following statement today in response to Governor John Hickenlooper’s Executive Order

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EPA should protect consumers from broken ethanol mandate, API testifies at RFS public hearing

Ypsilanti, Mich., July 18, 2018 – Today the American Petroleum Institute said until Congress fixes the broken Renewable Fuel Standard, the Environmental Protection Agency must protect consumers from higher ethanol blended fuels that threaten vehicle engines and fuel systems. Patrick Kelly, Senior Fuels Policy Advisor delivered industry’s views during EPA’s public hearing in Ypsilanti, Michigan on the 2019 proposed biofuel obligations.

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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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U.S. energy dominance continues with surge in drilled natural gas wells

WASHINGTON, July 13, 2018 – API today released its quarterly well completion report for the second quarter of 2018 showing a 265 percent increase in estimated exploratory gas well completions as compared to the second quarter of 2017.

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