Tag Archives: API

API: US November petroleum demand rose 4.9%

December 22, 2013   Neville

U.S. oil demand rose 4.9% year-on-year in November on signs of broader strengthening in the nation’s economy, the American Petroleum Institute said Thursday.

At 19.435 million barrels a day, demand in the world’s biggest oil consumer was the highest since December 2010.

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API threatens suit if U.S. biofuel mandate not done by November 30

October 20, 2013   Guest Author

API threatens suit if U.S. biofuel mandate not done by November 30

U.S. oil industry group the American Petroleum Institute told the federal environmental regulator on Thursday that it intends to file a lawsuit if the agency does not finalize 2014 biofuel requirements by the end of November.

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