WASHINGTON, June 22, 2012 – Total petroleum deliveries (a measure of demand) rose half a percent in May over the same month last year to 18.5 million barrels per day. Gasoline demand was up 0.4 percent, but, for the first five months of 2012, was 0.6 percent below the same period a year ag...

WASHINGTON, June 28, 2012 ─ API Group Director of Upstream and Industry Operations Erik Milito today described the Interior Department’s new five-year offshore leasing plan as a continuation of the administration’s discouraging pattern of delay and unnecessary restraint. He ...

WASHINGTON, June 29, 2012 – API welcomed the introduction of the Phantom Fuel Reform Act of 2012 by Congressman Jeff Flake (R-AZ) in the U.S. House of Representatives that would eliminate EPA mandates for the use of biofuels that do not yet exist: “EPA’s mandate is out o...

The petroleum industry in the People's Republic of China is strongly affected by the country's growing population and political ideology, as well as its lack of local oil reserves. It highlights the current set up of the government, their relationship with surrounding states, and...