Tag: American Petroleum Institution

API claims environment benefiting from hydraulic fracturing, is it?

API claims environment benefiting from hydraulic fracturing, is it?

Stanford researchers say study highlights policies and practices could optimize hydraulic fracking’s environmental cost-benefit balance WASHINGTON- API Upstream and Industry Operations Director Erik Milito touted the environmental benefits of hydraulic fracturing in a conference call with reporters today. “Hydraulic fracturing has allowed us to drill our way to reduced GHG emissions, reduced criteria pollutants, reduced reliance on […]

Divestment, “leave it in the ground” agenda threatens consumers and economic growth

Divestment, “leave it in the ground” agenda threatens consumers and economic growth

AAA estimates that American consumer saved, on average, over $550 in 2015 on transportation fuel costs as a result of abundant energy WASHINGTON – The District of Columbia government’s decision to force its $6.4 billion pension fund to fully divest in 200 fossil fuel companies has drawn heavy fire from the oil and gas industry. “Divestment is a […]