INDUSTRY FACTS

  • Oil and natural gas supply more than 60 percent of our nation’s energy.
  • The oil industry provides more than 9.2 million American jobs, 267,277 in Florida alone.
  • The oil industry has invested $175 billion since 1990 toward improving the environmental performance of its products, facilities and operations.
  • Since 2008, crude oil production has increased by 30 percent
  • The U.S. produces 71 percent of all the oil and petroleum products we consume
  • Currently, oil is the principal transportation fuel in the United States, accounting for more than 97 percent of the energy that powers our nation’s automobiles, airplanes and ships.
  • Oil is expected to remain the dominant fuel in our nation’s energy mix for decades.
  • Combined with natural gas production, the oil industry supports nearly 9.2 million American jobs, while providing millions of dollars to the economy through state and local revenue each day. 
  • The oil and natural gas industry contributes significantly to the U.S. economy as one of the nation’s largest employers and purchasers of goods. 
  • 9.8 million people are directly or indirectly employed by the U.S. oil and natural gas industry.
  • Energy demand in the U.S. is expected to grow by 12 percent between now and 2040.
  • America’s oil and natural gas industry has a long-standing commitment to safety and protecting the environment. 
  • Since 1990, the oil and natural gas industry has invested $239 billion toward improving the environmental performance of its products, facilities and operations
  • Oil and natural gas development has been safely conducted for more than 70 years.


Oil and natural gas supply more than 60 percent of our nation’s energy.

The oil industry provides more than 9.2 million American jobs, 267,277 in Florida alone.
The oil industry has invested $175 billion since 1990 toward improving the environmental performance of its products, facilities and operations.
Currently, oil is the principal transportation fuel in the United States, accounting for more than 97 percent of the energy that powers our nation’s automobiles, airplanes and ships.
Oil is expected to remain the dominant fuel in our nation’s energy mix for decades.
Combined with natural gas production, the oil industry supports nearly 9.2 million American jobs, while providing millions of dollars to the economy through state and local revenue each day. 
The oil and natural gas industry contributes significantly to the U.S. economy as one of the nation’s largest employers and purchasers of goods. 
9.8 million people are directly or indirectly employed by the U.S. oil and natural gas industry.
Energy demand in the U.S. is expected to grow by 12 percent between now and 2040.
America’s oil and natural gas industry has a long-standing commitment to safety and protecting the environment. 
Since 1990, the oil and natural gas industry has invested $239 billion toward improving the environmental performance of its products, facilities and operations
Oil and natural gas development has been safely conducted for more than 60 years.