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The American Petroleum Institute engaged PwC to quantify the direct, indirect, and induced impacts of the US oil and natural gas industry in terms of employment, labor income, and value added. Here is the full report.
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This report examines the employment outlook of African American and Hispanic workers in the upstream oil and gas industry over the period 2010 to 2030.
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The United States is at an historic turning point for the country and its energy policies. But many Americans lack a full understanding of the oil and natural gas industry. API has assembled this oil and gasoline primer to encourage a constructive public policy debate that leads to a new fact-based comprehensive energy policy.
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This study by Wood Mackenzie examines the impacts of opening access to key U.S. regions which are currently closed to development, as well as assessing a return to historical levels of development on existing U.S. producing areas (including onshore U.S., the Gulf of Mexico and Alaska). The economic impacts of the Keystone XL pipeline and other potential Canada to U.S. oil pipelines are also considered.
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The United States and Canada enjoy the largest trading partnership across the longest peaceful border in the world. Getting more U.S. energy from a friendly North American neighbor would reduce U.S. reliance on energy resources from less stable regions, create American jobs, while enhancing domestic energy and national security.
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The U.S. oil and natural gas industry supports more than 9 million jobs nationwide, supports over 7% of GDP, and contributes more than $86 million to the Federal Treasury every day.
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The oil and natural gas industry is the primary energy source for transportation and the production of other goods and services.
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The American people want an energy policy to develop our domestic oil and natural gas resources in an environmentally responsible way to power our nation’s economy, create jobs, and enhance our nation’s energy security, not just messaging.
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Americans have struggled over the past year, and while some think the economy is improving, the job picture remains bleak.
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Everyone is touched by America’s oil and natural gas industry.
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