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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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Rising domestic crude oil production has helped the U.S. become less reliant on crude oil imports

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U.S. oil and natural gas producers imported $4.1 billion of casing, pipes, and tubing in 2024

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Canada’s crude oil exports to Asia and U.S. West Coast have risen following the Trans Mountain pipeline expansion

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

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