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Industry Economics

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.

Learn more about the economic impact the industry has on every day life in the following sections:

Earnings in Perspective

Tax Issues

Industry Investments

Fuel Taxes