Charts & Analysis

Regularly updated with new charts and explanations that help make sense of a complex and ever-changing industry. Brought to you by the experts at API. Come back regularly for new content. For questions please contact: press@api.org.

Continued investment is needed to maintain or grow Permian production, due to shale’s steep decline curve

Crude oil production from a new Midland Permian well peaks at ~730 barrels per day (b/d) in the first full month of production and falls by >70% to ~200 b/d by the end of year one, according to Rystad data.

U.S. natural gas exports to Mexico reached a record in June

U.S. natural gas exports to Mexico reached a record 7.3 billion cubic feet per day (bcf/d) in June as Mexico’s domestic natural gas production fell to a more than 20-year low.

U.S. oil and natural gas exports to India reached a record in June

The U.S. exported more than 880 thousand barrels of oil equivalent per day of oil and natural gas to India in June, a 17% year-over-year increase.

U.S. LNG export capacity has nearly tripled since early 2019

The U.S. began exporting LNG from the Lower 48 states in 2016 and became the world’s largest LNG exporter within seven years.

Hybrid electric vehicles lead U.S. electric-drive vehicle sales

Electric-drive vehicles, including hybrid electric, plug-in hybrid electric, and battery electric vehicles, now account for nearly 22% of U.S. light-duty vehicle sales.

U.S. electricity demand for EVs has more than doubled in the past two years

In 2024, EVs consumed 11.7 million megawatt-hours (Mwh) of electricity in the U.S., increasing 55% year-on-year.

U.S. non-retail oil and natural gas employees made an average of $135k in 2024

According to the Bureau of Labor Statistics (BLS), non-retail oil and natural gas sector employees made an average of $135,000 in 2024, which is 77% higher than the U.S. average annual pay.

U.S. LNG accounted for 27% of the EU’s natural gas imports in 2Q25

U.S. LNG has played an increasingly important role in Europe’s energy mix with the U.S. accounting for 27% of the EU’s total natural gas imports in 2Q25, up from 4% in 2019.

Global energy demand climbed to a record high in 2024

Energy Institute data shows consumption levels for all major energy sources reached record levels in 2024, including oil, natural gas, coal, nuclear, hydroelectricity, solar, wind, biofuels, and other renewables.

The U.S. is the largest NGL producer in the world

The U.S. accounted for 49% of global natural gas liquids (NGLs) production in 2024 and produced more than four times the amount of the second largest producer, Saudi Arabia.