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Energy Economics

API conducts or sponsors analysis and research in support of free markets, inform cost-effective regulation, and promote economic growth. API also collects, maintains, and publishes statistics on all aspects of industry operations. Together, this analysis, research, and statistics provide facts, context, and insights for policy makers, media, and the public.

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New Mexico’s crude oil production has continued to set new records with growth concentrated on federal lands in Lea and Eddy Counties

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U.S. crude oil, NGL, & natural gas production rose to record levels in March

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New Mexico and Texas lead U.S. crude oil production increases since 2019

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Economic Contribution of the U.S. Oil and Natural Gas Industry:

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