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My friends at the American Petroleum Institute, a Washington, D.C.-based group that represents some 400 companies involved in the oil and natural gas industry, sent me a note about an extremely-dangerous piece of legislation being sponsored by Sens. John F. Kerry (D-Mass.) and Barbara Boxer (D-Calif.). It contained the substance of a statement API President [...]
API: Kerry-Boxer Worse than Waxman-Markey
October 24th, 2009 · No Comments
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Obama to Close GITMO, Submerge Prisoners?
September 26th, 2009 · 4 Comments
File this under “never would have guessed it.”
In a piece published today at Right Truth, writer R.J. Godlewski unwittingly provides the evaluatory “tools” needed to connect the future of the Guantanamo Bay Detention Facility with President Barack Obama’s relentless assault of the nation’s oil and natural gas industry.
Before I continue riding this train of thought, [...]
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Pace of U.S. Petroleum Demand Decline Slows
September 16th, 2009 · No Comments
The pace of U.S. petroleum delivery declines continued to slow last month, according to the American Petroleum Institute’s Monthly Statistical Report, which noted the 2.1 percent year-to-year slip in overall petroleum deliveries (a measure of demand) was the smallest in a year and a half.
While distillate fuel oil (diesel and heating oil), along with jet [...]
Tags: · american petroleum institute, api, diesel, distillate fuel, driving season, gasoline, gulf of mexico, heating oil, jet fuel, monthly statistical report, petroleum, petroleum deliveries, petroleum delivery, petroleum imports, retail gas prices
API Chief: Waxman-Markey Climate Change Bill Will Drive Up the Cost of Gasoline, Diesel, Other Fuels (Updated)
June 23rd, 2009 · 1 Comment
The Waxman-Markey climate change legislation will drive up the cost of gasoline and other petroleum fuels for consumers and businesses and should be set aside, American Petroleum Institute President Jack Gerard said in a letter to Congress today. API opposes the legislation, as it appears time has run out to fix the proposal’s many flaws.
“As [...]
Tags: · american petroleum institute, api, carbon, cbo, Congress, congressional budget office, cost of gasoline, cra international, diesel fuel, domestic refining capability, fuel prices, Gas Prices, gasoline, Global Warming, Greenhouse Gases, heating oil, Heritage, Heritage Foundation, Jack Gerard, jet fuel, letter to congress, national black chamber of commerce, natural gas, nbcc, petroleum products, propane, refiners, unemployment, waxman-markey climate change legislation
Gasoline Prices to Approach $5 Per Gallon by 2010!
June 15th, 2009 · 4 Comments
If experts in the oil and gas and financial services industries are on target, Americans should expect to see fuel costs rise during the remainder of 2009. In particular, they should expect to see gas prices approaching $5 per gallon by 2010.
Among the driving forces responsible for the price increases is the rising cost of [...]
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