The Trump administration has extended targeted Jones Act waivers for an additional 90 days, providing continued flexibility for energy shipments between U.S. ports amid ongoing disruptions in global markets, according to the American Petroleum Institute (API).
Decades of investment in U.S. oil and natural gas production, refining and infrastructure have positioned the United States to play a stabilizing role during recent global energy market disruptions, according to a new analysis released by the American Petroleum Institute (API).
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 6.10 million barrels in the week ending April 10. In the week prior, US crude oil inventories rose by 3.719 million barrels. Analysts had expected a 1.3 million barrel draw.
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.