API, Republicans comment on Obama's support for Brazilian oil

API, Republicans comment on Obama's support for Brazilian oil
The Obama administration needs to do more for the development of U.S. oil and natural gas reserves, said the American Petroleum Institute and Republican lawmakers in response to President Barack Obama's comments regarding a potential energy partnership with Brazil. "It's ridiculous to ignore our own resources and continue going hat-in-hand to countries like Saudi Arabia and Brazil to beg them to produce more oil," said Sen. David Vitter, R-La. The Hill/E2 Wire blog (3/21)

API disputes government's claims on oil production

API disputes government's claims on oil production
The Obama administration is misleading Americans by claiming that oil production and federal leasing significantly increased, according to the American Petroleum Institute. "It's completely disingenuous to say that offshore production has increased due to anything this administration has done," said Erik Milito, API's upstream director. A boost in federal oil and natural gas leases is "attributable to these decisions to lease almost a decade ago," Milito added

Groups warn against impact of EPA's GHG regulations

Groups warn against impact of EPA's GHG regulations
The Environmental Protection Agency's rules on greenhouse-gas emissions could place U.S. refiners at an economic disadvantage against global competitors, said Howard Feldman, API's director of regulatory and scientific affairs. Refiners want to increase their efficiency because energy is the second-biggest operating expense, Feldman said. "Our nation's petroleum refineries remain one of the last internationally competitive segments of the American manufacturing base," wrote Charles Drevna, president of the National Petrochemical & Refiners Association, in a letter to the EPA. Oil & Gas Journal (3/4)