American Petroleum Institute (API)
|API is the major national trade association representing the entire petroleum industry: exploration and production, transportation, refining, and marketing. With headquarters in Washington, D.C., and petroleum councils in 33 states, it is a forum for all parts of the oil and natural gas industry to pursue priority public policy objectives and advance the interests of the industry in a legally appropriate manner.|
Report: Significant Economic Benefits Seen from Atlantic Oil, Gas Devt
Thursday, December 05, 2013 Opening US Atlantic waters to oil and gas exploration could create significant economic benefits that will be felt throughout the United States, according to a recent report.
API: Public Policy Can Change Energy Costs
Thursday, November 21, 2013 Energy costs have been down overall, but commonsense public policy changes can help put further downward pressure on costs to help American families, API Chief Economist John Felmy says.
API Waves Goodbye to Cazalot, Says Hello to Chazen
Tuesday, November 12, 2013 As Clarence Cazalot prepares for his departure from Marathon Oil Company and API, the national trade association elects Occidental Petroleum's Chazen as Next Chairman.
API Poll: Congress Can Solve Budget Issues Without Punitive Energy Taxes
Tuesday, October 29, 2013 Americans believe higher taxes on the oil and gas industry could drive up US consumer energy costs and negatively impact growth in jobs and production, a new API poll finds.
Study: Delaying IDC Recovery to Result in US Production, Job Loss
Thursday, July 11, 2013 Repealing the current tax deduction for intangible drilling costs would negatively impact US oil and gas production and economic growth, according to API.
API All Smiles over Ending SEC's Anti-Competitive Disclosure Rule
Tuesday, July 02, 2013 API welcomes a decision by the US District Court for the District of Columbia that will stop SEC's implementation of Section 1504 of the Dodd-Frank Act.
API: Comment Period Extension for Fracking Regulations Justified
Thursday, June 06, 2013 BLM's decision to extend the comment period for the latest version of proposed hydraulic fracturing regulations for federal and Indian lands is warranted, says API.
Industry Groups See Montana Lawsuit as Counterproductive
Friday, May 24, 2013 Energy industry groups call a lawsuit filed to stop Montana oil and gas leasing counterproductive.
Five US States Help Boost US Oil Production
Tuesday, May 21, 2013 Five US states besides Texas and North Dakota make a significant contribution to the growth in US oil production.
California Postpones Oil, Gas Lease Auctions
Thursday, May 09, 2013 Due to recent events, BLM has delayed oil and natural gas leasing in California.
API: Investment in US Shale Drilling Up in 2011
Tuesday, April 30, 2013 An estimated $65.5 billion was invested drilling an estimated 10,173 US shale oil and natural gas wells in 2011, according to API's 2011 Joint Association Survey on Drilling Costs.
Task Force Unveils Oil, Gas Road Safety, Management Recommendations
Wednesday, April 24, 2013 API and two US trucking associations issue recommendations for road safety and traffic management to address growing traffic in US shale plays.
Senate Confirms Sally Jewell as U.S. Interior Secretary
Wednesday, April 10, 2013 The Senate approves the nomination of Sally Jewell to head the US Interior Department, giving Obama an easy win in his first effort to appoint new leaders at his energy and environmental agencies.
API: TV Ads Show Americans Don't Support Higher Industry Taxes
Wednesday, March 13, 2013 New TV ads show Americans don't support higher taxes on the oil and natural gas industry, API Executive Vice President Marty Durbin says.
API: Obama Admin Closer to Approving Keystone XL
Friday, March 01, 2013 API Executive Vice President Marty Durbin welcomes the State Department's draft Environmental Impact Statement for the new Keystone XL Nebraska route.
Industry Groups Refute Concerns Over US LNG Export Benefits
Tuesday, February 26, 2013 Two energy industry groups file comments with DOE rebutting concerns over US LNG exports.
API Addresses Record-High Gasoline Prices
Tuesday, February 26, 2013 More crude oil production and more efficient consumption of oil products are keys to addressing higher gasoline prices, according to API's Chief Economist John Felmy.
Unconventional Oil, Natural Gas is the 'Sweet Spot' for US
Wednesday, February 13, 2013 Unconventional oil and natural gas activity is unlocking new domestic sources of supply; and as a result, unconventional energy development is spurring job creation and economic growth.
API: 69% Voters Support Keystone XL Pipeline
Wednesday, February 13, 2013 Strong majorities of voters in both US political parties and among independents support building the pipeline, according to a new poll.
API: O&G Stocks Fuel Major Returns for U.S. College Endowments
Wednesday, January 23, 2013 Oil and gas company stocks produced the highest returns for US university endowments, according to a new American Petroleum Institute study.