The American Petroleum Institute (API) issued the following statement from Senior Vice President and General Counsel Ryan Meyers after a federal court ruled that the previous administration’s attempt to permanently ban new oil and natural gas activity across millions of acres of federal waters was unlawful and exceeded the statutory authority of the executive branch.
As the only globally recognized organization represented by the acronym “API” in this context, the Institute’s name and certification marks hold a unique and trusted place in the energy industry.
American Petroleum Institute (API) President and CEO Mike Sommers addressed the Economic Club of Pittsburgh where he discussed rising electricity demand driven by the artificial intelligence (AI) revolution and detailed policy solutions for the Trump administration and new Congress to power America’s energy future.
American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement on the Senate’s confirmation of former Congressman Lee Zeldin to lead the U.S. Environmental Protection Agency.
The American Petroleum Institute (API) estimated that crude oil inventories in the United increased by 1 million barrels for the week ending January 17. Analysts surveyed by Reuters had expected the API to report a draw of around 1.6 million barrels.
This roadmap, addressed to President-Elect Donald Trump and the 119th Congress, outlines strategic actions to leverage U.S. energy resources and maintain its position as a global energy leader.
Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an estimated decline of 6.4 million barrels in inventories for the week to April 19.
American Petroleum Institute figures show surprise increase in inventory while, investors are reining in expectations for US rate cuts
API President: “American voters are watching.”.
The Biden administration had indeed been busy trying to curb oil and gas exploration as much as possible, with the culmination coming late last year when the federal government held the last oil and gas lease sale in the Gulf of Mexico for the next two years.
At the same time, however, the White House gave the go-ahead to the Willow oil project in Alaska.
The American Petroleum Institute (API) released new analysis that outlines the potential consequences of new vessel restrictions on American oil and gas workers in the U.S.