A Trump administration plan to bail out otherwise uneconomical coal-fired and nuclear power plants potentially could cost consumers more than $34 billion over a 2-year period, a study commissioned by the Natural Gas Supply Association, American Petroleum Institute, and four other national energy associations concluded.
Big news in the latest API Monthly Statistical Report: U.S. crude oil production rose to an all-time record of 10.7 million barrels per day (mbd) in June - the largest monthly output, ever.
Witnesses from the American Petroleum Institute and the Renewable Fuels Association appeared equally dissatisfied with the US Environmental Protection Agency's recently proposed 2019 biofuel quotas under the Renewable Fuel Standard at a public hearing in Ypsilanti, Mich.
U.S. CO2 levels again declined during 2017, despite overall global output again rising. Credit U.S. fracking and the natural gas boom. But don't worry: the hysteria won't end.
Global CO2 emission declines in 2017 were led by the US. This is 9th time in this century that US has had the largest decline in emissions in the world.
The U.S. Interior Department recently announced that $61.6 million in revenues from offshore oil and natural gas will be distributed to all 50 states, U.S. territories and the District of Columbia...
Despite the fear mongering and scare tactics used by radical environmentalists, oil and natural gas are essential to Floridians' quality of life.
The Environmental Defense Fund's Fred Krupp: "Natural gas has already helped clean the air. Natural gas has the potential to also help lower greenhouse gas emissions..."
Today the American Petroleum Institute commended EPA for fair and equitable treatment of the reallocation question on small refinery waivers in the proposed 2019 biofuel obligations under the Renewable Fuel Standard, but said the RFS remains flawed and needs to be reformed.
