News

01.13.14

Duncan Pushes for Seismic Testing Along Atlantic Coast

Members of Congress discussed the merits of seismic testing of the Mid-Atlantic coast, for oil and natural gas and renewable energy development and coastal restoration projects.

 

01.01.14

Nations jockey for Arctic position, US not in lead

The U.S. is racing to keep pace with stepped-up activity in the once sleepy Arctic frontier, but it is far from being in the lead.

 

12.06.13

New Study Shows Offshore Benefits

A December, 2013 report quantifies the significant potential benefits to US and South Carolina economies that would stem from opening the Atlantic outer continental shelf to oil and natural gas exploration.

 

12.06.13

Study Shows Drilling = Jobs for SC

A new study released today takes a deep dive into what energy exploration off the Atlantic coast would mean for South Carolina. The study's findings: more jobs, more investment, and more revenue.

 

09.23.13

Brown Approves California Regulations on Oil Fracking

California Governor Jerry Brown, preparing the state for development of the largest shale-oil reserves in the U.S., signed into law regulations for hydraulic fracturing, or fracking, a process that has been criticized by environmental groups.

 

09.13.13

API's Greco discusses Congress' latest moves to reform renewable fuels policy

As the Office of Management and Budget reviews U.S. EPA's proposal for 2014 renewable fuel volumes, Congress continues to debate a legislative fix to the policy.

 

09.06.13

Study: U.S. Oil And Gas Revolution To Increase Income, Boost Trade

The economic and employment contributions from U.S. unconventional oil and gas production are now being felt throughout the U.S. economy, increasing household incomes, boosting trade and contributing to a new increase in U.S. competitiveness in the world economy, a new study by IHS finds.

 

04.05.13

Energy-related carbon dioxide emissions declined in 2012

Energy-related carbon dioxide (CO2) emissions in 2012 were the lowest in the United States since 1994, at 5.3 billion metric tons of CO2. With the exception of 2010, emissions have declined every year since 2007.

 

04.04.13

Keystone XL Pipeline Draws Broad Support

As the Obama administration approaches a decision on the Keystone XL pipeline, a national survey finds broad public support for the project.

 

04.02.13

European industry flocks to U.S. to take advantage of cheaper gas

The gap in natural gas prices has opened quickly, leaving companies that make investment decisions years in advance scrambling to catch up. As recently as 2007, U.S. natural gas prices were only about 20 percent lower than Europe's, not enough to fundamentally reshape markets.