National Petrochemical And Refiners Association

Oil Drilling Advocates Drive Presidential Debate With Ads

While polls show the economy as the top concern of voters, a review of political attack ads suggests a different issue dominates: energy.

U.S. Should Consider $1 Gas Tax, CEO Hess Says

The U.S. should consider imposing a $1-a-gallon gasoline tax and boosting average auto fuel economy to 50 miles a gallon to help avert a global energy crisis, the head of oil company Hess Corp. said.

Enbridge’s Oil-Sands Pipeline Gains from Delays to Keystone XL Project

Enbridge Inc. may win more customers and better financial terms for its new oil-sands pipeline project while an expanded government review delays TransCanada Corp.’s rival Keystone XL line.

Enbridge’s Pipeline Plan May Gain on New Delays to Keystone XL

Enbridge Inc.’s plan for a pipeline to carry oil-sands crude from Canada to the Texas Coast may gain a competitive advantage from the U.S. State Department’s demand for further study of TransCanada Corp.’s rival Keystone XL line.

Colonial Pipeline Adds Capacity, Plans Further Expansions

Colonial Pipeline Co., which operates the largest line linking U.S. Gulf Coast refiners and East Coast markets, said it finished an expansion that will add 24,000 barrels a day of capacity and plans more.

U.S. Oil Refiners Say Low-Carbon Laws Worse Than Cap-and-Trade Regulation

Plans to reduce the carbon content of U.S. transportation fuels are likely to boost oil imports from the Middle East and lead to more pollution from diesel-fueled tankers, according to a report commissioned by the National Petrochemical and Refiners Association .

EPA Rejects Challenges to Finding That Climate Change Is Threat to Health

The Obama administration rejected challenges to its finding last year that climate change caused by emissions of greenhouse gases is a danger to public health.

Refiners See Costs of as Much as $42.3 Billion in New Carbon Legislation

U.S. refiners and other fuel providers would pay as much as $42.3 billion for pollution rights in the first year of a newly proposed program to limit U.S. greenhouse gases, an industry group said today.

Senate Climate Proposal Would Expand Oil Drilling, Reduce CO2

Senators John Kerry and Joseph Lieberman unveiled legislation today to expand offshore oil and natural-gas production, as well as reduce greenhouse-gas emissions by 17 percent this decade from 2005 levels.

Oil Industry-Backed Measure to Suspend California Climate Laws on Ballot

An oil industry-supported measure that would suspend California’s global warming laws has qualified to be on the state’s Nov. 2 general election ballot.

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