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Did You Know?

The oil and natural gas industry supports more than 9.2 million U.S. jobs.

Marcellus Shale development could create 113,000 American jobs by 2015.

Greater Canadian oil sands production could create more than 500,000 new U.S. jobs.

The oil and natural gas industry pays the federal government approximately $86 million a day.

America has enough oil and natural gas to power 65 million cars for 60 years.

America has enough oil and natural gas to heat 60 million households for 160 years.

Royalty revenue from energy production provides the U.S. Treasury with more than $25 million each day.

The oil and gas industry invested more than $2 trillion in U.S. capital projects since 2000.

The Eastern Gulf of Mexico may hold 3.8 billion barrels of oil.

Offshore energy development in the Atlantic could create another 3.8 billion barrels of oil.

Allowing offshore drilling in the Atlantic could create 37 trillion cubic feet of natural gas.

Increased domestic shale development could add as many as 317,000 American jobs by 2015.

Hydraulic fracturing has been used safely in 1 million wells over the past 60 years.

The United States has the most technically recoverable oil and natural gas resources in the world.

Offshore, America may have nearly 101 billion barrels of oil and 480 trillion cubic feet of natural gas.

From Our Blog view more...

A Look at the Keystone XL Export Argument »

One of the more ridiculous arguments against the Keystone XL is that the pipeline is really just about exporting crude oil and petroleum products to China.  Let’s go to the facts:

Here’s a breakdown of the U.S. crude oil supply in 2011 – using data from the Energy Information Administration (EIA).  We see that 99.7 percent of the crude oil produced or imported into the U.S. was processed here.  We simply do not export crude oil in any significant way.  Nor is that likely to change.

More From Our Blog

Forestalling a ‘Regulatory Avalanche’ »
‘Poisoned’ Politics, the Keystone XL and the National Interest »

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