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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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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 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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The U.S. economy could suffer a severe blow if federal regulators demand duplicative oversight of hydraulic fracturing, a commonly used well-stimulation and completion technology already regulated by the states, part two of a three-part study by IHS Global Insight has found.
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API has compiled a Fact Sheet to explain the case and the implications of the decision if the court’s decision were left standing and the views of those who filed the lawsuit were to prevail.
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This study estimates the economic impacts of current and future Marcellus development activity.
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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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