|2/15/2006 - Exxon Mobil Corporation announced that additions to its worldwide proved oil and gas reserves totaled 1.7 billion oil-equivalent barrels in 2005, excluding the effects of using single-day, year-end pr...|
|2/15/2006 - Unusually warm weather during January depressed demand for heating fuels, but failed to create any real increase in gasoline sales, according to the API Monthly Statistical Report. Economic growth, ho...|
|1/19/2006 - Higher oil prices due to tight global crude oil markets and Gulf Coast hurricane damage led to lower U.S. demand and record product imports in 2005, the American Petroleum Institute reported today in ...|
|11/9/2005 - The nation’s oil and natural gas industry is working hard to return to normal operations following the devastation of back-to-back hurricanes, the American Petroleum Institute told Congress today. Tho...|
|10/19/2005 - Motorists apparently found ways to manage fuel use and travel more efficiently in the face of higher September gasoline prices following Hurricanes Katrina and Rita striking along the U.S. Gulf Coast,...|
|10/6/2005 - Hurricane Rita struck the Gulf Coast region just as millions of Americans were coping with Katrina’s catastrophic impacts. Our industry was also hit hard by this once-in-a-century natural disaster, bu...|
|9/26/2005 - As of this morning, 23.4 percent of the nation’s refinery capacity was off-line. Another 3 percent of U.S. capacity was operating under reduced runs. Most of the refineries in the hurricane’s path wer...|
|9/8/2005 - U.S. retail diesel prices rose 30.8 cents last week, the largest week-to-week increase recorded since the Energy Information Administration started the survey. The national average for diesel (includi...|
|9/8/2005 - The average U.S. retail price for regular-grade gasoline on Monday, September 5, reached a record high of $3.069 per gallon, over $3 for the first time. This was up 45.9 cents from last week’s retail ...|
|9/7/2005 - In the aftermath of Hurricane Katrina, American Petroleum Institute President Red Cavaney today urged Congress to facilitate bringing American consumers greater energy reliability by encouraging furth...|
|8/29/2005 - The American Petroleum Institute issued the following statement concerning the impact of Hurricane Katrina on petroleum industry operations: “To ensure safety, the industry has moved employees from so...|
|8/17/2005 - U.S. petroleum imports (crude & products) in July were 13,364,000 barrels per day (b/d); imports in the same month last year were 13,570,000 (b/d). (API). Total imports in July as a percentage of tota...|
|7/28/2005 - Dear Member of Congress:|
We are entering the final weeks of the summer driving season, and I thought an update on fuel prices and the status of our industry’s infrastructure in the storm-hit Gulf...
|6/28/2005 - Higher crude prices reflected at the pump|
The cost of gasoline is closely linked to the price refiners pay for crude oil because it is the principal cost component of a gallon of gasoline,...
|3/1/2005 - Exxon Mobil Corporation today announced that it has completed the sale of its 3.7 percent stake in China Petroleum and Chemical Corporation ("Sinopec").
The selling process commenced after close o...|