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Demand for petroleum rose in April (includes monthly statistical report)

WASHINGTON, May 19, 2016 – Total petroleum deliveries, a measure of demand, in April rose 3.6 percent from April 2015 to average 19.7 million barrels per day. These were the highest April deliveries in eight years, since 2008.

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Offshore leasing program lacks vision, does not reflect U.S. energy leadership

Washington, May 19, 2016 – API called on the federal government to align its offshore leasing program to reflect America’s new role as a global energy superpower and focus on the opportunities this creates for the country. API Executive Vice President Louis Finkel addressed flaws in the Bureau of Ocean Energy Management’s 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program during a press briefing ahead of the Senate Energy and Natural Resources Committee hearing.

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API Welcomes House Passage of LNG Exports Provisions in FY17 National Defense Authorization Act

WASHINGTON, May 19, 2016 – The American Petroleum Institute commended the U.S. House of Representatives for its passage of the FY17 National Defense Authorization Act (NDAA), which includes LNG exports provisions that will streamline the Department of Energy permit application process, bolstering the U.S. economy and strengthening American and global energy security.

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