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Thursday, May 01, 2008


America is in a global struggle for energy security and many of us lack a full understanding of the oil and natural gas industry. API has assembled a primer to encourage a constructive public policy debate on meeting the growing energy needs of consumers and industry.

Sections include discussions of global energy demand, price increases, what consumers are paying at the pump, earnings, refinery expansions, the environment and energy security. A full listing of topics included in the primer is included below.


Future Global Energy Demand
The Myth of “Big Oil”
2006 Largest Oil and Gas Companies
Diesel, Gasoline and Crude Prices
Average Price Increases
Key Factors Affecting Markets
World Oil Consumption
OPEC Surplus Production Capacity
EIA Price Forecast
Commodity Performance
WTI in Dollars and Euros/Yen
What Consumers Are Paying
Earnings of DJIA Companies
Earnings by Industry
Who Owns the Oil Companies?
Stock Repurchases

Income Taxes Paid
Taxes Paid by Oil Vs. Manufacturing Companies
Capital Spending: Where Funds Go
New Investments Increasing
Refinery Capacity Expands
Projected Refining Capacity
Environmental Expenditures
U.S. Crude Oil Resources
U.S. Natural Gas Resources
Energy Efficiency
Future U.S. Energy Demand
Ethanol in Brazil
U.S. Corn Use
Technology Investments
Emerging Energy Investments
Ensuring Our Energy Security

For more information and additional materials, please visit

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