Tag: Jack Gerard

U.S. should lift export ban despite possible impact on crude prices, API chief says

It’s not clear whether proposed changes to 40-year-old oil export ban will make much progress this year, whether by the Obama Administration or the Republican-controlled Congress.  More »

Industry presses feds to keep Atlantic drilling on the table

Oil industry advocates are imploring regulators to keep 14 proposed offshore lease sales on the books.  More »

Permitting, prices holding back new pipelines

“This may be the most difficult time ever to expand pipeline capacity,” Andrew Black, CEO of the Association of Oil Pipe Lines, told lawmakers on Tuesday.  More »

Obama budget would slash oil tax breaks while boosting renewables

In his $4 trillion budget request to Congress, Obama also says he wants to change the way money from offshore oil and gas production is shared with Gulf Coast states, by diverting more of those dollars to national programs with “broad” natural resource and conservation benefits.  More »

Obama talks tough on climate change, Keystone XL

In his penultimate State of the Union address, Obama chided lawmakers who have been skeptical of climate change or humanity’s role in it and delivered a thinly veiled critique of the GOP-controlled Congress’ focus on the Keystone XL pipeline.  More »

White House methane plan takes aim at oil and gas industry

White House officials said the plan aims to cut oil and gas emissions of the powerful heat-trapping greenhouse gas by 40 to 45 percent within a decade, from 2012 levels.  More »

API chief optimistic about industry’s future amid price decline

The decline in oil prices, now less than half their June 2014 peak, will have “some impact” in the short term as companies pare capital spending, Jack Gerard said.  More »

Follow API’s State of American Energy speech

Jack Gerard of the American Petroleum Institute will speak at 12 p.m. in a live webcast.  More »

Republicans won big by embracing energy, industry group says

Wins on Election Day gave Republicans more power to advance industry priorities such as Keystone XL and expanded opportunities for oil and gas drilling.  More »

Oil industry wants 7-10 years to phase out tank cars

Leading oil industry trade groups on Tuesday told federal regulators that proposed regulations to boost the safety of transporting crude by trains need to be phased in more slowly and should not mandate tank cars with extra-thick shells.  More »

Oil industry group offers crude-train testing standards

The oil industry’s lead trade group released new standards on Thursday for testing and classifying crude shipped by rail after prior shipments were misclassified, including a train that derailed in Canada and killed 47 people.  More »

Iraq turmoil feeds calls for Keystone XL and crude exports

Unrest in Iraq helps make the case that U.S. regulators should authorize crude exports as well as the controversial Keystone XL pipeline, the head of the oil industry’s leading trade group said Monday.  More »

EPA rule gives new boost to gas

Natural gas is poised to be one of the biggest winners of the Obama administration’s new plan to slash carbon dioxide emissions, accelerating the electric sector’s move away from coal toward the cleaner-burning power source. But natural gas industry executives weren’t eager to crow about their victory Monday.  More »

Feds: Industry hampering oil train safety

U.S. transportation officials rebuked the oil industry Friday for not giving up information regulators say they need to gauge the danger of moving crude by rail, after several accidents highlighted the explosive properties of fuel from the booming oil shale fields on the Northern Plains.  More »

No energy policy not such a bad thing, experts suggest

For years, it has been a mantra in Washington: The absence of a broad U.S. energy policy is holding America back, keeping the nation from realizing its full potential.  More »
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