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Tag Archives: American Petroleum Institute

Graco introduces its first product aimed at oil wells

Graco Inc. entered the oil and gas world with gusto last year, buying two equipment makers that cater to the industry. Now it has developed its own product aimed at fracking and drilling firms. The Minneapolis-based maker of spray and pump equipment introduced the solar-powered, chemical-injection pump at last month’s Offshore Technology Conference in Houston. Graco’s high-powered machine shoots chemicals ...

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The North Dakota Bakken: A global player

Many individual U.S. states, not just the nation as a whole, are now ranked among the top energy producers in the entire world according to a ranking published by the American Petroleum Institute (API) released last week. Overall, the United States is the third largest crude oil producing nation in the world, next to Russia and Saudi Arabia. Although North ...

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Driving is making a comeback in the US: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – California motorists consumed an extra 34,500 barrels of gasoline every day in February compared with the same month last year, state tax records show. The state is just part of a nationwide surge in driving that has pushed U.S. gasoline consumption up by more than ...

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Oil industry challenges rules meant to stop train explosions

BILLINGS, Mont. — The U.S. oil industry has filed a court challenge to new rules aimed at reducing the risk of catastrophic accidents involving crude moved by rail, following a string of fiery derailments in recent years. The American Petroleum Institute’s petition to the U.S. Circuit Court of Appeals in Washington, D.C., would set aside a requirement for improvements to ...

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Oil group adds Colorado office

pumpjacked

The oil industry continues to pump more educational resources into Colorado. One of its newest moves is creating and staffing a Denver-based branch office of the American Petroleum Institute. The branch office, named the Colorado Petroleum Council, is headed by Tracee Bentley, a Buena Vista High School graduate whose parents, John and Rae Timme, now live in Pueblo West. On ...

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Felmy: oil prices bound to bounce back

The same factors that led to the U.S. fuel prices slump may also contribute to a rise in prices, American Petroleum Institute chief economist John Felmy told The Denver Post.  Felmy presented on the downturn to lawmakers in Denver yesterday. One of the main factors Felmy identified to have driven down oil prices was the United States’ massive oil production over ...

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Report: Man-made earthquakes shake over a dozen areas in US

LOS ANGELES — More than a dozen areas in the United States have been shaken in recent years by small earthquakes triggered by oil and gas drilling, a government report released Thursday found. The man-made quakes jolted once stable regions in eight states, including parts of Alabama, Arkansas, Colorado, Kansas, New Mexico, Ohio, Oklahoma and Texas, according to researchers at ...

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Five years after BP oil spill, some Gulf oystermen are losing hope

NEW ORLEANS – Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf of Mexico, many Louisiana oystermen are fearful that a once-bountiful population of the mollusks may never recover. “My kids are losing hope,” said Wilbert Collins, 77, a retired third-generation oysterman in southeastern Louisiana with four sons who followed ...

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