API News Feedhttps://www.api.org/api-news-rssAPI News Feeden{DD43A393-EE88-4F74-BB17-DDE722D1411E}https://www.api.org/news-policy-and-issues/news/2024/03/28/api-publishes-rp-1185-pipeline-community-engagementNew API Standard Outlines Best Practices for Public Engagement in Pipeline Construction & Operations<span>WASHINGTON, March 28, 2024 – The American Petroleum Institute (API) today announced the publication of a pipeline public engagement standard that builds on industry’s progress and commitment to proactive, inclusive and collaborative engagement throughout the construction and operation of our nation’s pipelines. The first edition API Recommended Practice (RP) 1185, </span><em>Pipeline Public Engagement</em><span>, provides guidelines and best practices for pipeline companies to build upon existing programs, or establish and implement new stakeholder engagement processes to ensure all stakeholders – including local officials, tribal representatives, community leaders, landowners and pipeline operators – can engage in meaningful dialogue throughout the life of a pipeline.</span>Thu, 28 Mar 2024 09:40:42 -0400{7DCE3230-D409-44C1-96C9-F6EC6E59E2DA}https://www.api.org/news-policy-and-issues/news/2024/03/27/wtas-epa-de-facto-ban-on-gasoline-powered-carsWhat They Are Saying: EPA's De Facto Ban on Gasoline-Powered Cars<p><span>Last week, the Biden administration finalized a new regulation that will effectively eliminate most new gas-powered cars and traditional hybrids from the U.S. market in just eight short years. Consumers have made clear over the past year that they value the freedom to choose a vehicle that’s best for them – not intrusive government mandates that risk higher costs and a greater reliance on foreign supply chains. </span><span>Here’s what they are saying about this deeply flawed rule:</span></p>Tue, 26 Mar 2024 14:00:00 -0400{53326655-2A99-41D1-8B92-907086D16660}https://www.api.org/news-policy-and-issues/news/2024/03/27a/api-final-waste-prevention-rule-regulatory-overreach-could-hinder-emissions-progAPI on Final Waste Prevention Rule: Regulatory Overreach Could Hinder Emissions Progress, Increase Barriers to Energy Production <p><span class="body-text" style="color: #2e2e2e;">WASHINGTON, March 27, 2024 – The American Petroleum Institute (API) today released the following statement from Vice President of Upstream Policy Holly Hopkins on the Department of the Interior Bureau of Land Management’s (BLM) final Waste Prevention Rule.</span></p>Tue, 26 Mar 2024 14:00:00 -0400{C33896A2-41E5-42F4-AFAE-3F83A6E08499}https://www.api.org/news-policy-and-issues/news/2024/03/19/new-report-american-natural-gas-prices-stand-among-worlds-lowest-amid-record-usNew Report: American Natural Gas Prices Stand Among World’s Lowest Amid Record U.S. LNG Exports <span>WASHINGTON, March 19, 2024 – The American Petroleum Institute (API) today released new</span><a href="https://www.api.org/~/media/files/news/2024/03/18/api-eva-lng-price-full-report"> analysis </a><span>showing that Americans benefit from among the lowest residential natural gas prices globally even as the U.S. leads the world in LNG exports. The report, conducted by Energy Ventures Analysis, demonstrates the American natural gas industry’s record of supporting our allies abroad while maintaining a well-supplied domestic market at home. </span>Tue, 19 Mar 2024 07:35:02 -0400{A20E4876-53BF-4BBD-8351-8FF74A9DCDBA}https://www.api.org/news-policy-and-issues/news/2024/03/20/afpm-api-epa-vehicle-regulation-will-eliminate-most-new-gas-carsAPI & AFPM: EPA Vehicle Regulation Will Eliminate Most New Gas Cars in Less Than a Decade<span class="body-text" style="color: #2e2e2e;">WASHINGTON, March 20, 2024 – Today, American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson and American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement on EPA’s newly finalized light-duty vehicle standards covering model years 2027-2032:  </span>Tue, 19 Mar 2024 07:35:02 -0400{1661648C-C0DC-4088-9439-7113DAF8D701}https://www.api.org/news-policy-and-issues/news/2024/03/26/american-energy-groups-unite-against-proposed-methane-fee-ruleAmerican Energy Groups Unite Against Proposed Methane Fee Rule<span>WASHINGTON, March 26, 2024 – The American Petroleum Institute (API) today joined with 19 associations representing all segments of the U.S. oil and natural gas industry operating across the country in calling on the U.S. Environmental Protection Agency to revise its misguided methane fee on American energy. In comments submitted to the agency on the “waste emissions charge” proposed rulemaking, the associations argued that EPA’s proposed rule creates an incoherent regulatory regime, fails to meet the statutory requirements outlined by the Inflation Reduction Act and disincentivizes emissions reduction efforts by the industry.</span>Tue, 19 Mar 2024 07:35:02 -0400{77B4859F-20D0-4CF2-85FA-2C2E963FD5B0}https://www.api.org/news-policy-and-issues/news/2024/03/18/api-statement-on-house-energy-weekAPI Statement on House Energy Week<span>WASHINGTON, March 18, 2024 – American Petroleum Institute (API) President and CEO Mike Sommers today issued the following statement ahead of ‘Energy Week’ in the U.S. House of Representatives: </span>Mon, 18 Mar 2024 08:46:10 -0400{F6076717-CAEF-4B7E-933F-1D7A427EC581}https://www.api.org/news-policy-and-issues/news/2024/03/06/api-raises-concerns-with-new-sec-risk-disclosure-ruleAPI Raises Concerns with New SEC Risk Disclosure Rule<p><span>WASHINGTON, March 6, 2024 — The American Petroleum Institute (API) released the following statement today from API Senior Vice President and Chief Counsel Ryan Meyers on the U.S. Securities and Exchange Commission’s (SEC) release of its final climate-related risk disclosure rule:</span></p>Wed, 06 Mar 2024 13:42:38 -0500{3B483FFA-C589-4BFB-B8ED-6CDC7F9E102B}https://www.api.org/news-policy-and-issues/news/2024/03/01/api-final-rmp-rule-undermines-safety-risks-higher-energy-costsAPI: Final RMP Rule Undermines Safety, Risks Higher Energy Costs<p><span>WASHINGTON, March 1, 2024 — The American Petroleum Institute (API) today released the following statement from API Vice President of Downstream Policy Will Hupman on the U.S. Environmental Protection Agency’s final Risk Management Plan (RMP) Rule:</span></p>Fri, 01 Mar 2024 10:38:42 -0500{0A07A2DE-EBB7-4B28-9DF9-DC6B9A8B68F5}https://www.api.org/news-policy-and-issues/news/2024/03/06/api-calls-on-biden-to-harness-america-energy-advantage-sotuAPI Calls on President Biden to Harness America's Energy Advantage Ahead of State of the Union WASHINGTON, March 6, 2024 – The American Petroleum Institute (API) today released the following statement from President and CEO Mike Sommers ahead of President Biden’s State of the Union address:Fri, 01 Mar 2024 10:38:42 -0500{36E5B68A-4AC6-4D34-87E6-BF29B93FA598}https://www.api.org/news-policy-and-issues/news/2024/03/01/api-statement-on-reported-revisions-to-epa-power-plant-ruleAPI Statement on Reported Revisions to EPA Power Plant Rule<p><span>WASHINGTON, February 29, 2024 — The American Petroleum Institute (API) released the following statement today from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer in response to an announcement from Environmental Protection Agency (EPA) Administrator Michael Regan that existing natural gas power plants will not be included in the administration’s upcoming power plant rule:</span></p>Thu, 29 Feb 2024 20:04:20 -0500{0A932979-435A-4C7C-A2ED-02EF4A10A25E}https://www.api.org/news-policy-and-issues/news/2024/02/22/API-Statement-on-Reports-of-Biden-Administration-Doubling-Down-on-Tailpipe-RuleAPI Statement on Reports of Biden Administration Doubling Down on Tailpipe Rule<p><span>WASHINGTON, February 22, 2024 — The American Petroleum Institute (API) today issued the following statement from President and CEO Mike Sommers in response to reports that the Biden administration is considering changing the implementation timeline for its proposed tailpipe emissions standards:</span></p>Thu, 22 Feb 2024 14:30:43 -0500{33B9068A-AAD8-4FBD-9FE8-8ABAEDD3090A}https://www.api.org/news-policy-and-issues/news/2024/02/23/API-Files-Application-for-Rehearing-on-LNG-FreezeAPI Files Application for Rehearing on LNG FreezeWASHINGTON, February 26, 2024 – The American Petroleum Institute (API) today filed an application for rehearing on the Department of Energy’s (DOE) indefinite pause on new and pending liquefied natural gas (LNG) permit approvals for non-FTA countries. In the legal filing submitted to DOE, API argued the pause is unlawful, violating both the Natural Gas Act and the Administrative Procedure Act, and that it erodes America’s energy advantage by threatening U.S. jobs, national security and environmental progress.   Thu, 22 Feb 2024 14:30:43 -0500{D6A52482-6E63-4F48-A20A-662F3C743CD0}https://www.api.org/news-policy-and-issues/news/2024/02/26/API-Hydrogen-45V-Blue-Hydrogen-Inclusive-ApproachAPI Warns Hydrogen 45V Regulations Fail to Recognize Blue Hydrogen as Climate Solution, Calls for Inclusive ApproachWASHINGTON, February 27, 2024 – The American Petroleum Institute (API) today urged the Biden Administration to prioritize production of hydrogen of all types and feedstocks – including blue hydrogen produced from natural gas – to drive a lower carbon future. In comments filed on the Section 45V tax credit on clean hydrogen production with the Department of Treasury and Internal Revenue Service (IRS), API criticized the draft regulation’s focus almost exclusively on hydrogen produced using electricity generated from entirely renewable energy sources. API urged greater emphasis on all solutions that accelerate hydrogen supplies and further reduce greenhouse gas emissions.Thu, 22 Feb 2024 14:30:43 -0500{7B9CE179-0295-47B0-81A1-F501CD3822E3}https://www.api.org/news-policy-and-issues/news/2024/02/27/EPA-Should-Reject-California-Car-BanAPI: EPA Should Reject California's Car Ban WASHINGTON, February 27, 2024 – The American Petroleum Institute (API) today urged the U.S. Environmental Protection Agency (EPA) to reject the California Air Resources Board (CARB) request to implement new regulations that would ban the sale of new gasoline-powered vehicles by 2035.<br />Thu, 22 Feb 2024 14:30:43 -0500{3C75B870-6293-4FB5-861F-56DDE6904D96}https://www.api.org/news-policy-and-issues/news/2024/02/27/New-Ipsos-Poll-Energy-Policy-PerceptionsNew Ipsos Poll: 2 in 3 Voters View America on Wrong Track on Energy<span class="body-text" style="color: #2e2e2e; line-height: 18px;">WASHINGTON, February 27, 2024 – The American Petroleum Institute (API) today released a new national <a data-cke-saved-href="https://www.api.org/-/media/Files/misc/2024/02/Ipsos-Poll-American-Energy-Policy-Perceptions.pdf" href="https://www.api.org/-/media/Files/misc/2024/02/Ipsos-Poll-American-Energy-Policy-Perceptions.pdf">poll</a> conducted by Ipsos demonstrating widespread concern over Washington’s approach on energy policy. Two out of three American voters say the country is on the wrong track on energy policy, </span><span style="color: black;">and following the administration’s <a data-cke-saved-href="https://www.api.org/news-policy-and-issues/news/2024/01/24/api-statement-on-reported-plans-to-restrict-us-lng" href="https://www.api.org/news-policy-and-issues/news/2024/01/24/api-statement-on-reported-plans-to-restrict-us-lng">recent pause</a> on LNG export permits, the poll found nine in 10 Americans believe the U.S. should continue to supply natural gas to our allies overseas</span><span style="color: #2e2e2e;">.</span><span class="body-text" style="color: #2e2e2e; line-height: 18px;"> With recent reports that the administration plans to impose a <a data-cke-saved-href="https://www.api.org/news-policy-and-issues/news/2024/02/22/api-statement-on-reports-of-biden-administration-doubling-down-on-tailpipe-rule" href="https://www.api.org/news-policy-and-issues/news/2024/02/22/api-statement-on-reports-of-biden-administration-doubling-down-on-tailpipe-rule">de-facto ban</a> on new gas-powered vehicles, the poll found that the majority of Americans (75%) would oppose such regulations restricting consumer choice.  </span>Thu, 22 Feb 2024 14:30:43 -0500{7C778056-5C09-48AA-815F-5FAC626D3DED}https://www.api.org/news-policy-and-issues/news/2024/02/29/new-ipsos-poll-energy-policy-perceptionsNew Ipsos Poll: 2 in 3 Voters View America on Wrong Track on Energy<span class="body-text" style="color: #2e2e2e; line-height: 18px;">WASHINGTON, February 27, 2024 – The American Petroleum Institute (API) today released a new national <a data-cke-saved-href="https://www.api.org/-/media/Files/misc/2024/02/Ipsos-Poll-American-Energy-Policy-Perceptions.pdf" href="https://www.api.org/-/media/Files/misc/2024/02/Ipsos-Poll-American-Energy-Policy-Perceptions.pdf">poll</a> conducted by Ipsos demonstrating widespread concern over Washington’s approach on energy policy. Two out of three American voters say the country is on the wrong track on energy policy, </span><span style="color: black;">and following the administration’s <a data-cke-saved-href="https://www.api.org/news-policy-and-issues/news/2024/01/24/api-statement-on-reported-plans-to-restrict-us-lng" href="https://www.api.org/news-policy-and-issues/news/2024/01/24/api-statement-on-reported-plans-to-restrict-us-lng">recent pause</a> on LNG export permits, the poll found nine in 10 Americans believe the U.S. should continue to supply natural gas to our allies overseas</span><span style="color: #2e2e2e;">.</span><span class="body-text" style="color: #2e2e2e; line-height: 18px;"> With recent reports that the administration plans to impose a <a data-cke-saved-href="https://www.api.org/news-policy-and-issues/news/2024/02/22/api-statement-on-reports-of-biden-administration-doubling-down-on-tailpipe-rule" href="https://www.api.org/news-policy-and-issues/news/2024/02/22/api-statement-on-reports-of-biden-administration-doubling-down-on-tailpipe-rule">de-facto ban</a> on new gas-powered vehicles, the poll found that the majority of Americans (75%) would oppose such regulations restricting consumer choice.  </span>Thu, 22 Feb 2024 14:30:43 -0500{3BD0673D-A59D-4038-A2DC-8B66C6498510}https://www.api.org/news-policy-and-issues/news/2024/02/07/five-questions-to-ask-about-bidens-lng-permitting-freezeFive Questions for the Administration on LNG Freeze<p><span>The Senate Energy and Commerce Committee will hold a hearing this morning to examine the consequences of the Biden administration’s recent decision to freeze permitting for U.S. LNG. This politically motivated decision is generating a lot of questions, including in the news media, which is highlighted in a </span><a href="https://www.youtube.com/watch?v=OqznPPMPRHI">new video</a><span> released today from API. Here are five key questions Senators should ask the administration.</span></p>Thu, 08 Feb 2024 09:00:00 -0500{32C209F8-A9C0-4784-9A0E-00CC8EDF21EE}https://www.api.org/news-policy-and-issues/news/2024/02/07/what-they-are-saying-biden-LNG-permitting-freezeWhat They Are Saying: President Biden's LNG Permitting FreezeAs the U.S. Senate and Energy and Natural Resources Committee holds a hearing tomorrow over the administration’s LNG permitting freeze, concerns continue to grow from members of both parties and American allies. The freeze is even at odds with prior statements from senior administration officials on the critical role of U.S. LNG in supporting global energy security and reducing emissions around the world.Wed, 07 Feb 2024 15:32:45 -0500{2BF0FF02-D7FC-4C7B-9DE4-E850DA0527A9}https://www.api.org/news-policy-and-issues/news/2024/02/12/API-Files-Legal-Challenge-to-Smallest-Offshore-OilAPI Files Legal Challenge to Smallest Offshore Oil and Gas Leasing Program in U.S. History<span>WASHINGTON, February 12, 2024 – The American Petroleum Institute (API) released the following statement from Senior Vice President and General Counsel Ryan Meyers after filing a petition today challenging the Biden administration’s 2024-2029 National Outer Continental Shelf Oil and Gas Leasing Program:</span>Wed, 07 Feb 2024 15:32:45 -0500{FFB8DA38-32DD-482D-BEA5-A17388947D68}https://www.api.org/news-policy-and-issues/news/2024/02/15/API-Urges-Congress-to-Pass-Legislation-Reversing-LNG-FreezeAPI Urges Congress to Pass Legislation Reversing LNG Permitting FreezeWASHINGTON, February 15, 2024 – The American Petroleum Institute (API) released the following statement today from API Executive Vice President and Chief Advocacy Officer Amanda Eversole calling on Congress to approve the Unlocking Our Domestic LNG Potential Act of 2024: Wed, 07 Feb 2024 15:32:45 -0500{D59C0FD6-616E-4717-BA3F-C4E79D2D9CF9}https://www.api.org/news-policy-and-issues/news/2024/02/20/API-launches-new-certification-for-inspectorsAPI Launches New Certification for Refractory Lining Inspectors WASHINGTON, February 20, 2024 – The American Petroleum Institute (API) today announced an expansion of its individual certification programs to refractory lining inspectors. The certification will help identify the inspection knowledge available in the natural gas and oil industry, thereby improving safety and helping to enhance equipment reliability, bolster operating efficiency, increase personnel safety, and promote operational process safety. Wed, 07 Feb 2024 15:32:45 -0500{199010AF-1E7A-4A7A-84D0-E7266C6F446E}https://www.api.org/news-policy-and-issues/news/2024/02/06/API-Statement-on-Final-PM-NAAQS-RuleAPI Statement on Final PM2.5 NAAQS Rule<p>WASHINGTON, February 7, 2024 — The American Petroleum Institute (API) today released the following statement from API Vice President of Downstream Policy Will Hupman on EPA's final rule reconsidering the National Ambient Air Quality Standards (NAAQS) for fine particulate matter (PM2.5):</p>Wed, 07 Feb 2024 08:00:00 -0500{4C2EFBF6-A8DF-49A2-BB1B-8020BBABEE47}https://www.api.org/news-policy-and-issues/news/2024/02/01/API-Applauds-House-Passage-Of-Bipartisan-Tax-Bill-Urges-Senate-To-Act-SwiftlyAPI Applauds House Passage of Bipartisan Tax Bill, Urges Senate to Act Swiftly<p>WASHINGTON, January 31, 2024 — The American Petroleum Institute (API) released the following statement today from API Executive Vice President and Chief Advocacy Officer Amanda Eversole after the House approved the Tax Relief for American Families and Workers Act of 2024:</p>Wed, 31 Jan 2024 22:00:00 -0500{B9A7BE9A-AD46-4029-9762-FD5FBC5DFF19}https://www.api.org/news-policy-and-issues/news/2024/01/25/industry-groups-letter-to-administration-on-lng-exportsIndustry Groups to Administration: Restricting LNG Exports Threatens National Security, American Jobs and Climate Goals<span>WASHINGTON, January 25, 2024 – The American Petroleum Institute (API) joined the American Exploration and Production Council (AXPC), Center for LNG (CLNG), Independent Petroleum Association of America (IPAA), LNG Allies, and dozens of other industry groups from across the liquefied natural gas (LNG) value chain today in urging the Biden administration to reject calls to halt permits for U.S. LNG export facilities. In a </span><a href="https://www.api.org/~/media/files/news/2024/01/24/industry-groups-lng-letter-january-24">letter</a><span> to Secretary Granholm and senior administration officials, the groups emphasized the critical role that continued U.S. LNG exports play in safeguarding national security, creating U.S. jobs, supporting our European allies and contributing to global climate goals.</span>Thu, 25 Jan 2024 06:58:19 -0500{04D0D0EA-125D-4FFB-B87D-B5EA799286D7}https://www.api.org/news-policy-and-issues/news/2024/01/24/api-statement-on-reported-plans-to-restrict-us-lngAPI on LNG Permit Pause: A ‘Win for Russia’ and ‘Broken Promise to U.S. Allies’WASHINGTON, January 26, 2024 – The American Petroleum Institute (API) today released the following statement from President and CEO Mike Sommers on the Biden administration's announcement to pause approvals of new LNG export facilities, unnecessarily increasing project wait times at a time of geopolitical turmoil and rising coal use around the world. Wed, 24 Jan 2024 17:04:54 -0500{28212AFA-04A8-42D2-A4B4-D3B7FE1C5D26}https://www.api.org/news-policy-and-issues/news/2024/01/17/API-Welcomes-Release-of-Bipartisan-Tax-DealAPI Welcomes Release of Bipartisan Tax DealWASHINGTON, January 16, 2024 — The American Petroleum Institute (API) released the following statement today from API Executive Vice President and Chief Advocacy Officer Amanda Eversole after the chairs of the House and Senate tax writing committees released the framework for the Tax Relief for American Families and Workers Act:Tue, 16 Jan 2024 16:00:00 -0500{114A35DA-8C6F-4408-A94E-A06B3F74D499}https://www.api.org/news-policy-and-issues/news/2024/01/16/api-releases-new-updates-to-standards-for-hazard-management-in-process-plant-structuresAPI Releases New Updates to Standards for Hazard Management in Process Plant Structures<span>WASHINGTON, January 16, 2024 — The American Petroleum Institute (API) is pleased to announce the publication of the latest editions of three critical safety standards: Recommended Practice 752 (RP 752), </span><em>Management of Hazards Associated with Location of Process Plant Permanent Buildings</em><span>, 4th edition; Recommended Practice 753 (RP 753), </span><em>Management of Hazards Associated with Location of Process Plant Portable Buildings</em><span>, 2nd edition; and Recommended Practice 756 (RP 756), </span><em>Management of Hazards Associated with Location of Process Plant Tents</em><span>, 2nd edition. These updates collectively serve to enhance the safety of the men and women working every day in oil and natural gas facilities by providing comprehensive guidelines for the placement of permanent buildings, trailers and tents. This approach is designed to minimize risks to personnel from potential explosion, fire, and toxic material release hazards. </span>Tue, 16 Jan 2024 11:10:28 -0500{54B47B7A-AA93-416F-99CA-74470208DD88}https://www.api.org/news-policy-and-issues/news/2024/01/12/API-Calls-on-Congress-to-Repeal-IRA-Methane-FeeAPI Calls on Congress to Repeal IRA’s Methane Fee<p>WASHINGTON, January 12, 2024 — The American Petroleum Institute (API) released the following statement today from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer after the U.S. Environmental Protection Agency (EPA) released a proposed rule to establish a fee on methane emissions as required by the Methane Emissions Reduction Program in the Inflation Reduction Act (IRA):</p>Fri, 12 Jan 2024 14:00:00 -0500{A05AB128-CFFC-44A5-97F6-F791D2B50ED2}https://www.api.org/news-policy-and-issues/news/2024/01/10/Annual-State-of-American-Energy-Event-Highlights-Path-Forward-Unveils-New-CampaignAPI Calls on Policymakers to ‘Keep the Lights on’ With Long-Term Energy Plan<p>WASHINGTON, January 10, 2024 — The American Petroleum Institute today held its annual State of American Energy event, calling on policymakers to focus on a long-term energy plan that strengthens energy independence, seizes America’s energy advantage and accelerates energy innovation. API also announced its “Lights on Energy” campaign to educate voters and policymakers on the fundamental truths around American energy and the path toward an affordable, reliable and cleaner future.</p>Wed, 10 Jan 2024 09:50:00 -0500{0E98FA3D-B741-4130-8304-95DAB50ED757}https://www.api.org/news-policy-and-issues/news/2023/12/29/api-commends-epa-on-louisiana-primacy-decisionAPI Commends EPA on Louisiana Carbon Capture Decision: A Step Toward a Lower-Carbon, More Energy-Secure FutureWASHINGTON, December 28, 2023 – The American Petroleum Institute (API) today released the following statement from President and CEO Mike Sommers on the U.S. Environmental Protection Agency’s decision to grant primacy to the state of Louisiana to advance carbon capture projects:Thu, 28 Dec 2023 19:00:38 -0500{0FA14B75-AA88-4E41-B310-BE0177CFB84F}https://www.api.org/news-policy-and-issues/news/2023/12/22/api-statement-on-administrations-proposed-hydrogen-guidanceAPI Statement on Administration’s Proposed Hydrogen GuidanceWASHINGTON, December 22, 2023 – The American Petroleum Institute (API) released the following statement today from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer after the U.S. Department of Treasury released its preliminary guidance on the 45V tax credit. The expansion of a hydrogen economy, including all forms of low-carbon hydrogen, is critical to meeting any meaningful emissions reductions goals, particularly in hard-to-abate sectors such as shipping, cement and steel manufacturing. Fri, 22 Dec 2023 10:37:12 -0500{1B49E238-C1F8-4912-AB36-AABE7AADD899}https://www.api.org/news-policy-and-issues/news/2023/12/22/api-welcomes-administrations-focus-on-accelerating-hydrogen-urges-technology-neutral-approachAPI Welcomes Administration’s Focus on Accelerating Hydrogen, Urges Technology-Neutral Approach<span>WASHINGTON, December 22, 2023 – The American Petroleum Institute (API) released the following statement today from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer after the U.S. Department of Treasury released its preliminary guidance on the 45V tax credit. The expansion of a hydrogen economy, including all forms of low-carbon hydrogen, is critical to meeting any meaningful emissions reductions goals, particularly in hard-to-abate sectors such as shipping, cement and steel manufacturing. </span>Fri, 22 Dec 2023 08:43:19 -0500{3F4EBDE1-1D6C-495C-BE38-33BE8DCA8639}https://www.api.org/news-policy-and-issues/news/2023/12/20/api-statement-on-lease-sale-261API Statement on Lease Sale 261<span>WASHINGTON, December 20, 2023 – The American Petroleum Institute issued the following statement from Vice President of Upstream Policy Holly Hopkins regarding today’s offshore lease sale mandated by the Inflation Reduction Act:</span>Wed, 20 Dec 2023 14:20:57 -0500{128A8C9A-F717-4CAE-8704-A6016135E008}https://www.api.org/news-policy-and-issues/news/2023/12/15/Final-5-Year-Offshore-Program-Step-Wrong-Direction-US-Energy-SecurityAPI: Final 5-Year Offshore Program is ‘Step in Wrong Direction’ for U.S. Energy Security<p>WASHINGTON, December 15, 2023 — The American Petroleum Institute (API) today released the following statement from Vice President of Upstream Policy Holly Hopkins on the Biden administration’s approval of a five-year program for federal offshore leasing.</p>Fri, 15 Dec 2023 18:47:02 -0500{5391E39E-CCE5-4560-BE0C-07F3A7B5556C}https://www.api.org/news-policy-and-issues/news/2023/12/14/api-names-mason-hamilton-vice-president-economics-researchAPI Names Mason Hamilton as Vice President of Economics and Research<p>WASHINGTON, December 14, 2023 — The American Petroleum Institute (API) today named Mason Hamilton as Vice President of Economics and Research. Hamilton joins API from the International Energy Forum (IEF), where he served as Special Assistant to the Secretary General.</p>Thu, 14 Dec 2023 14:00:00 -0500{B627BD3A-5A22-4E85-81E2-9107FF75208A}https://www.api.org/news-policy-and-issues/news/2023/12/14/new-study-us-lng-critical-to-addressing-european-supply-gapNew Study: U.S. LNG Critical to Addressing European Supply Gap<span>WASHINGTON, December 14, 2023 – In less than a decade, the United States has become the largest exporter of liquefied natural gas (LNG) in the world, establishing America as a cornerstone of global energy security and driving local economic development. Today, the American Petroleum Institute (API) and International Association of Oil and Gas Producers (IOGP) released </span><a href="https://www.api.org/~/media/files/news/2023/12/14/API-IOGP-Europe-Gas-Rebalance-Study-2023">new analysis</a><span> from Rystad Energy showing that despite recent progress in shoring up energy security following Russia’s invasion of Ukraine, Europe could still face a looming natural gas supply gap in the coming decades. </span>Thu, 14 Dec 2023 09:36:08 -0500{041B740E-84FC-4600-8028-B4B504B2BD73}https://www.api.org/news-policy-and-issues/news/2023/12/13/API-Statement-on-COP28-AgreementAPI Statement on COP28 Agreement<span>WASHINGTON, December 13, 2023 – The American Petroleum Institute (API) today released the following statement from Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer in response to the COP28 final agreement:</span>Wed, 13 Dec 2023 11:27:02 -0500{F35E7740-1396-41A9-9CA8-EE2068BE22E2}https://www.api.org/news-policy-and-issues/news/2023/12/07/api-calls-on-administration-to-remove-barriers-to-energy-production-in-alaskaAPI Calls on Administration to Remove Barriers to Energy Production in Alaska<span>WASHINGTON, December 7, 2023 –The American Petroleum Institute (API) today called on the Biden administration to recognize the important role that Alaska plays in U.S. energy security and support the continued development of energy resources in the National Petroleum Reserve (NPR-A). In </span><a href="https://www.api.org/~/media/files/news/2023/12/07/API-NPRA-Comment-Letter-Dec-7">comments</a><span> submitted to the Department of the Interior’s Bureau of Land Management (BLM), API expressed concern over proposed </span><a href="https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.doi.gov%2Fpressreleases%2Fbiden-harris-administration-takes-major-steps-protect-arctic-lands-and-wildlife-alaska&data=05%7C01%7CWeinsheimerK%40api.org%7Ccc6d0e2eb4c94bdd7b3908dbf769f77b%7C2df2418fe75f46f0898d65f4eeecb14b%7C0%7C0%7C638375806738105479%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=dMz%2BOixcq375tnZbxSlZ%2BCNl105lnWouSlJsy1luT2k%3D&reserved=0">regulatory changes</a><span> that would restrict energy development in the NPR-A and jeopardize economic growth and revenue for local communities. API emphasized that the proposal ignores congressional intent and urged BLM to engage in a more robust public engagement process to develop a balanced approach to managing the NPR-A. </span>Thu, 07 Dec 2023 16:27:22 -0500{CC3B3A00-716F-48E6-B853-895766C73BC6}https://www.api.org/news-policy-and-issues/news/2023/12/05/cftc-guidance-helps-strengthen-high-quality-carbon-credits-marketCFTC Guidance Helps Strengthen High-Quality Carbon Credits Market<p><span>WASHINGTON, December 5, 2023 – American Petroleum Institute (API) Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer released the following statement after the Commodity Futures Trading Commission’s (CFTC) released its first draft guidance on the trade of carbon credits to reduce greenhouse gas (GHG) emissions:</span></p>Tue, 05 Dec 2023 17:02:33 -0500{A912F19E-B865-433A-B5A1-D96A2FB742D9}https://www.api.org/news-policy-and-issues/news/2023/12/02/api-statement-on-epa-methane-ruleAPI Statement on EPA Methane Rule<p>WASHINGTON, December 2, 2023 — The American Petroleum Institute (API) today released the following statement from API Senior Vice President of Policy, Economics and Regulatory Affairs Dustin Meyer on EPA's methane rule:</p>Sat, 02 Dec 2023 03:00:00 -0500{4B5E7FCB-C825-4757-AEC2-5885321F7FD9}https://www.api.org/news-policy-and-issues/news/2023/11/29/api-us-energy-leadership-key-to-national-security-economic-strength-and-climate-progressAPI: U.S. Energy Leadership Key to National Security, Economic Strength and Climate Progress<span>WASHINGTON, November 29, 2023 – American Petroleum Institute (API) Executive Vice President and Chief Advocacy Officer Amanda Eversole today testified before a U.S. House Committee on Energy and Commerce </span><a href="https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fenergycommerce.house.gov%2Fevents%2Fenvironment-manufacturing-and-critical-materials-subcommittee-hearing-america-leads-the-way-our-history-as-the-global-leader-reducing-emissions&data=05%7C01%7Cweinsheimerk%40api.org%7Cfc75f47434a94f88f4d408dbf0e76344%7C2df2418fe75f46f0898d65f4eeecb14b%7C0%7C0%7C638368649311628300%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=OrVZpUWRQpTeqGFifCALJSRfLOZe10jQ4gs7tNubEJ0%3D&reserved=0">subcommittee</a><span>, highlighting the critical role of American energy leadership in strengthening national security, supporting economic prosperity and advancing innovation to accelerate climate progress. </span>Wed, 29 Nov 2023 09:38:09 -0500{E7D8DF39-E426-4864-9603-B668248F609B}https://www.api.org/news-policy-and-issues/news/2023/11/15/api-statement-on-fifth-circuit-decision-on-lease-sale-261API Statement on Fifth Circuit Decision on Lease Sale 261<span>WASHINGTON, November 14, 2023 – The American Petroleum Institute (API) today released the following statement from Senior Vice President and General Counsel Ryan Meyers in response to the preliminary injunction upheld by the U.S. Court of Appeals for the Fifth Circuit.</span>Tue, 14 Nov 2023 20:01:10 -0500{4C97BF36-7242-4C2D-8938-94F85874AA81}https://www.api.org/news-policy-and-issues/news/2023/11/07/API-AOGA-Urge-Administration-to-Reverse-Lease-Cancellations-in-ANWRAPI, AOGA Urge Biden Administration to Reverse Lease Cancellations in Alaska’s Arctic National Wildlife Preserve <span>WASHINGTON, November 7, 2023 – The American Petroleum Institute (API) today urged the Biden administration to support Alaskan communities, the economy and U.S. energy security by allowing for essential energy production in Alaska’s Arctic National Wildlife Reserve (ANWR). In </span><a href="https://www.api.org/~/media/files/news/2023/11/07/ANWR-Leasing-SEIS-11-07-23">comments</a><span> submitted to the U.S. Department of the Interior’s Bureau of Land Management (BLM) on the </span><a href="https://eplanning.blm.gov/eplanning-ui/project/2015144/510">Notice of Availability of the Draft Coastal Plain Oil and Gas Leasing Program Supplemental Environmental Impact Statement (SEIS)</a><span>, API joined with the Alaska Oil and Gas Association (AOGA) in arguing that the Biden administration was unwarranted in </span><a href="https://www.api.org/news-policy-and-issues/news/2023/09/07/api-condemns-biden-administration-new-restrictions-on-energy-production-in-alaska">cancelling</a><span> the initial leases on Alaska’s Coastal Plain issued in January 2021. The associations urged BLM to immediately reinstate the cancelled leases and to conduct the necessary environmental impact work to hold future sales in the region.</span>Tue, 07 Nov 2023 16:16:37 -0500{1F959497-1F91-4009-95B4-A5D67908579A}https://www.api.org/news-policy-and-issues/news/2023/11/02/API-Statement-on-Lease-Sale-261-DelayAPI Statement on Lease Sale 261 Delay<p>WASHINGTON, November 2, 2023 – The American Petroleum Institute (API) today released the following statement from Vice President of Upstream Policy Holly Hopkins on the Department of the Interior Bureau of Ocean Energy Management (BOEM) decision to delay Lease Sale 261.</p>Thu, 02 Nov 2023 10:24:00 -0400{8A593095-1C58-4D20-A34C-D6BE7BE6BE9A}https://www.api.org/news-policy-and-issues/news/2023/11/01/American-Energy-Trade-Groups-Urge-Interior-to-Remove-BarriersAmerican Energy Trade Groups Urge Interior to Remove Barriers to Offshore Production, Support U.S. Energy Security<p>WASHINGTON, November 1, 2023 – The American Petroleum Institute (API) today called on the Biden administration to help meet growing energy demand by allowing for consistent and predictable access to America’s vast energy resources offshore.</p>Wed, 01 Nov 2023 15:50:00 -0400{9D771898-9F0B-479B-AA7A-72ABE1250F2B}https://www.api.org/news-policy-and-issues/news/2023/11/01/Industry-CEOs-Warn-Dire-Economic-Consequences-Proposed-NAAQS-StandardsIndustry CEOs Warn of Dire Economic Consequences from Proposed NAAQS Standards<p>WASHINGTON, November 1, 2023 — The American Petroleum Institute (API) today joined with over 70 other trade groups representing diverse businesses across the economy in urging the Biden administration to maintain the existing National Ambient Air Quality Standards (NAAQS) for fine particulate matter (PM2.5). In a letter to White House Chief of Staff Jeff Zients, the organizations warned that moving forward with the Environmental Protection Agency’s (EPA) proposed revisions would jeopardize American jobs and risk substantial economic harm.</p>Wed, 01 Nov 2023 09:00:00 -0400{B8E1A012-89DF-4B18-97A3-4BD78C190DB8}https://www.api.org/news-policy-and-issues/news/2023/10/26/api-signs-new-agreement-with-ukraines-national-oil-company-to-bolster-its-energy-independenceAPI Signs New Agreement with Ukraine’s National Oil Company to Bolster its Energy Independence Efforts <span>WASHINGTON, October 26, 2023 – The American Petroleum Institute (API) and Ukrnafta, Ukraine's leading national oil company, today signed a Memorandum of Understanding (MOU) to promote the adoption of API natural gas and oil standards in Ukraine. The agreement affirms both parties’ commitment to enhancing Ukraine's energy independence and its transition away from Russian standards, equipment and operations.   </span>Thu, 26 Oct 2023 13:15:57 -0400{C9901E24-EE17-4C1E-8B9F-1820BB4B6DC9}https://www.api.org/news-policy-and-issues/news/2023/10/18/api-president-and-ceo-mike-sommers-delivers-remarks-on-80th-anniversary-of-the1973-oil-embargoAPI President and CEO Mike Sommers Delivers Remarks on 50th Anniversary of the 1973 Oil Embargo<span>WASHINGTON, October 18, 2023 – The American Petroleum Institute (API) President and CEO Mike Sommers today delivered</span><a href="https://www.api.org/news-policy-and-issues/testimony-and-speeches/2023/10/18/the-hudson-institute-event-1973-oil-embargo-50-years-later-mike-sommers"> remarks </a><span>at the Hudson Institute marking the 50th anniversary of the 1973 Oil Embargo. Sommers acknowledged the parallels between the 1973 crisis in the Middle East that led to the embargo and the crisis unfolding today, expressing strong support for President Biden’s opposition to Hamas-led terrorism and reiterating the need for American leadership on the global stage.</span>Wed, 18 Oct 2023 10:26:36 -0400{D8163E68-C6E0-4CC2-BAF4-B675434CE638}https://www.api.org/news-policy-and-issues/news/2023/10/16/API-NHTSA-CAFE-CommentsAPI: NHTSA’s Proposed CAFE Standards a De Facto Ban on Gasoline Cars and Trucks<p>WASHINGTON, October 16, 2023 — The American Petroleum Institute (API) today filed comments urging the National Highway Traffic Safety Administration (NHTSA) to reconsider its proposed Corporate Average Fuel Economy (CAFE) standards.</p>Mon, 16 Oct 2023 16:51:08 -0400