News

06.06.18

Major oil group launches new coalition to promote offshore drilling

The coalition is led by former Secretary of Veterans Affairs Jim Nicholson and Jim Webb, the former Navy secretary and Virginia Democratic senator.

 

06.04.18

Energy Chief Defends Trump Directive on Coal, Nuclear Plants

Energy Secretary Rick Perry on Monday defended President Donald Trump's call to bolster struggling coal-fired and nuclear power plants, saying a rash of plant retirements is "alarming" and poses a looming crisis for the nation's power grid.

 

06.02.18

Broad Energy Coalition Condemns Action to Subsidize Failing Coal, Nuclear Plants

A diverse group of energy industry associations issued the following statement condemning the Administration's draft plan to bail out coal and nuclear plants across the country.

 

06.01.18

Trump signs orders removing tariff exemptions for Canada, Mexico, EU

"We are deeply discouraged by the administration's actions to impose tariffs on our three closest trading partners - Canada, Mexico, and the EU - and view this as a step in the wrong direction," API Pres. Jack N. Gerard responded.

 

05.29.18

Here's who to blame for rising gasoline prices

Economists agree that no person or action can single-handedly affect pump prices over time, which are largely driven by a global oil market. That doesn't mean we can't indulge in the human condition of blame.

 

05.29.18

Offshore Drilling Can Peacefully Co-Exist with Military Operations

... it is evident the DOD is ready and willing to collaborate with the oil and natural gas industry so long as offshore exploration does not interfere with military operations.

 

05.23.18

Fuel Prices and The Summer Driving Season

With misinformation floating around about gasoline costs, it may be helpful to explain a few of the factors that influence prices at the pump.

 

05.23.18

High-tech Natural Gas and Oil

engineers, analysts, scientists, geologists and more are using their brainpower to create cutting-edge technologies that make energy development more precise, efficient and safer than ever before.

 

05.18.18

As Oil Prices Surge, US Eyes Growing Labor Shortage

Finding roughnecks remains a challenge for oil drillers as rising crude prices increase demand for their services, oilfield executives said on Thursday at a conference in Houston.

 

05.16.18

U.S. Gulf Coast port limitations impose additional costs on rising U.S. crude oil exports

U.S. crude oil exports averaged 1.1 million barrels per day (b/d) in 2017 and 1.6 million b/d so far in 2018, up from less than 0.5 million b/d in 2016. This growth in U.S. crude oil exports happened despite the fact that U.S. Gulf Coast onshore ports cannot fully load Very Large Crude Carriers...