VOL. XXXV

NO. 8

25-NOVEMBER-1991

General

API Annual Conference Dominated by Worries of Costly EnvironmentalRegulations

The annual convention of the American Petroleum Institute, held in Houstonlast week, was dominated by worries about the impact of recent environmentalregulations on US oil companies' budgets and future profitability, as well astheir effect on the competitiveness of the US oil industry. Mr. Charles DiBona,the API President, told the 2,000 industry executives that "there mayhave...