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Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws

OilPrice

Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. Crude oil prices were trading up prior to the crude data release by the U.S. crude oil inventories amid strong product draws.

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Draws in Fuel Stocks Counter Crude Inventory Build

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 Analysts had expected a 2.1

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Ten Little Euphemisms: What Do They Portend for Climate Policy?

Energy Central

To that end, the American Petroleum Institute (API) has released a ten-point plan they deem is responsive to these current events. The Institute’s pitch is a ploy. If implemented, it would wipe away—or at the least.

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Sens. Hickenlooper and Cassidy Make Bipartisan Call for Permitting Reform

Energy Central

Last week’s American Petroleum Institute “State of American Energy” program provided hope that a bipartisan approach to contentious energy development issues may have a path forward in Congress.

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California’s Misguided Lawsuit Against Oil Firms

Energy Central

Eisenhower The state of California is suing five major oil companies – BP, ExxonMobil, Chevron, Shell, and ConocoPhillips – as well as their trade group, the American Petroleum Institute. The lawsuit, filed by California Attorney General Rob Bonta, alleges the companies.

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Federal Judge Annuls Massive Gulf Of Mexico Lease Sale

Energy Central

According to the Federal judge: Bureau of Ocean Energy Management broke the environmental law The Ruling Brought against the Department of the Interior, the American Petroleum Institute, and the state of Louisiana, District Judge Rudolph Contreras sent the lease sale back to the Interior Department to decide what to do with it.

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Swing State Voters Demand Clarity on Energy Solutions Ahead of 2024 Election

Energy Central

According to a recent poll conducted by Morning Consult on behalf of the American Petroleum Institute (API), it was revealed that nearly nine in 10 voters in Pennsylvania and six other key battleground states are looking for details from presidential.