April 27, 2010
Written by: Jane VanRyan
The Huffington Post published an article today that alleges Big Oil tried to stop the U.S. Minerals Management Service (MMS) from promulgating new offshore safety rules before the Deepwater Horizon drilling rig accident. It's not true. Here are the...
April 20, 2010
Written by: Jane VanRyan
Many people in Washington and New York apparently have short memories. A case-in-point is the Deepwater Royalty Relief Act, which was passed during the Clinton Administration to encourage energy companies to develop oil and natural gas in the deep...
April 15, 2010
Written by: Jane VanRyan
Which commodities post their prices on very large signs on U.S. street corners? Milk? Sugar? No. Only gasoline and diesel fuel. And in recent weeks, the price of these two commodities has risen as the price of crude oil...
April 8, 2010
Written by: Jane VanRyan
Crude oil prices stood at $86.84 per barrel when the market closed Tuesday, marking their highest level since October 2008. According to analysts, favorable economic news has pushed up global oil prices and has put upward pressure on gasoline...
April 1, 2010
Written by: Jane VanRyan
President Obama announced an energy strategy yesterday that includes expanding offshore drilling in certain areas along the Atlantic coast, in a portion of the eastern Gulf of Mexico, and off the coast of Alaska. API President and CEO Jack Gerard...
