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Market Facts

 
 
CB Figures/Receipt
Facts on Earnings and the Marketplace
The oil and natural gas industry is one of the world's largest industries. Its revenues are large, as are the costs of providing consumers with the energy they need. Among those costs are finding and producing oil and natural gas, refining, distributing and marketing those refined products. The energy Americans consume today is brought to us by investments made years or even decades ago. Today's oil and natural gas industry earnings are invested in new technology, new production and environment and product quality improvements to meet tomorrow's energy needs.

The industry's earnings are very much in line with other industries, and often they are lower.  On this page you'll find the latest information and perspective on industry earnings, oil and natural gas markets including winter fuels outlook, gasoline and gasoline taxes, natural gas and LNG, considerations of current federal tax proposals that could affect the oil & natural gas industry, refining capacity and expansion plans, and the need for access to federal lands. For more information, see links below.

Earnings

Oil and Natural Gas Market Update

Federal Tax Proposals

Refining




Energy Insert #7: Market Pricing

Market Pricing
The past, present and future converge in the determination of petroleum prices.  A highly competitive world market is driven by complex combinations of influences.

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File Size: 378 KB | Version Date: December 2006
OS: PC/Mac | License: Free

 




Energy Insert #2: Access to Federal Lands

Access to Federal Lands
Tapping the nation's abundant stores of natural gas and oil still in the ground will enable us to maintain the lifestyle, prosperity and environmental progress that distinguish America from other nations.

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File Size: 874 KB | Version Date: December 2006
OS: PC/Mac | License: Free

 


Access To Federal Lands (2006)

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File Size: 48 KB
Version Date: Summer 2006
OS: PC/Mac
License: Free


 
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Latest News

U.S. oil demand below year ago despite slight rise in April '08
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Analysis: Bill could cut natural gas supply, outsource refining
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Related Meeting

API Tanker Conference - June 23-24 - San Diego, California

Exploration & Production Standards Conference on Oilfield Equipment and Materials - June 23-27 - Calgary, Alberta, Canada



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Updated:April 6, 2007