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.
View the full primer to learn more about the truth behind oil and gasoline.
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 listing of topics included in the primer is included below.
Topics include:
- 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
- What Consumers Are Paying
- Earnings of DJIA Companies
- Earnings by Industry
- Who Owns the Oil Companies?
- Income Taxes Paid
- Taxes Paid by Oil Vs. Manufacturing Companies
- Capital Spending: Where Funds Go
- New Investments Increasing
- Refinery Capacity Expands
- 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