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Items Tagged with 'american petroleum institute'


Allowing crude exports would cut gas prices, GAO says

A new report by the Government Accountability Office (GAO) suggests that removing export barriers for U.S. crude oil could lead to a reduction of consumer fuel prices in the domestic market.
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API releases guidelines for oil & gas industry, community cooperation

In an effort to improve the public image of oil and gas companies, the American Petroleum Institute (API) has released a set of guidelines it refers to as "good neighbor standards."
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Report reveals projected impact of crude oil exports on US economy

The report found that if crude oil exports were allowed the cost of gasoline and diesel fuel would drop, enabling Americans to save an average of $5.8 billion per year.
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EPA finalizes rules on sulfur levels in gasoline

The U.S. oil and gas industry has opposed the new regulation, claiming that it would mean huge costs that would also affect the end price of fuel.
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API: US oil, gas industry invested $153 billion in drilling in 2012

U.S. oil and gas companies invested about $153.7 billion in drilling operations in 2012, working on an estimated 46,736 wells, according to the latest Joint Association Survey on Drilling Costs.
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API: Oil & gas industry needs to work together to tackle cyber attacks

U.S. oil and gas companies are a primary target for cyber attacks and they need to work hard to improve their awareness and preparedness to avert hackers' attacks and respond adequately.
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American Petroleum Institute slams EPA's Tier 3 gasoline standard

The American Petroleum Institute has called on the EPA to withdraw its Tier 3 gasoline regulation on the grounds that it would be too expensive for refiners.
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Research shows more than 6,000 US oil spills in 2012

An average of 16 spills occurred across the United States on a daily basis, marking a 17 percent increase since 2010 in the 12 states for which data was compared.
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