The American Petroleum Institute

The American Petroleum Institute API represents all segments of America’s oil and natural gas industry. API's Climate Action Framework: www.api.org/climate

05/28/2026

What exactly is liquefied natural gas (LNG)? And how did the U.S. LNG industry become a global powerhouse?

In this Energy Minute, API's Rob Jennings explains how American ingenuity launched the U.S. LNG export industry and how it serves as a source of geopolitical strength and as a stabilizing force in global markets.

05/21/2026

Energy 101: What’s the difference between gasoline, diesel and jet fuel?

API’s Mason Hamilton breaks down how these fuels power everything from our daily commutes to the heavy equipment moving entire supply chains.

05/19/2026

American energy production helps insulate consumers from the worst of this global supply shock, but infrastructure determines whether that energy can actually reach them.

API President and CEO Mike Sommers joined America Reports to discuss why supply, pipelines and refining capacity all matter for prices.

U.S. refineries are running at high rates to help supply tight jet fuel markets, but there’s limit to how much more they...
05/15/2026

U.S. refineries are running at high rates to help supply tight jet fuel markets, but there’s limit to how much more they can produce. Typically, about 11% of each barrel of crude oil becomes jet fuel. Operators have been able to make adjustments that boost jet fuel output by 2-4%, but there's limited flexibility in the system to push higher.

05/14/2026

Why have jet fuel prices been particularly affected by disruption in the Middle East? In part 1 of our jet fuel explainer, API’s Mason Hamilton breaks down what’s going on, and why Europe, Asia and the U.S. west coast are impacted.

05/13/2026

API President and CEO Mike Sommers joins Varney & Co. and explains why California is especially exposed to disruption in the Strait of Hormuz. The state imports roughly 30% of their crude — compared to about 8% for the rest of the U.S. Add limited in-state refining capacity, and consumers feel the impact faster and harder.

05/11/2026

What goes into the price at the pump? The cost of retail motor gasoline is driven by four primary factors: crude oil (about 51%), refining (around 20%), distribution and marketing (about 11%), and federal and state taxes (roughly 18%). Crude oil — accounting for over half of the price of a gallon of gasoline — is the most sensitive to geopolitical instability. When global tensions rise or supply chains are compromised, those global shifts translate into higher costs for drivers.

In this edition of Energy Minute, API’s Mason Hamilton breaks down these four components and how they interact.

05/07/2026

Why do events in the Middle East affect motor gasoline prices in the United States? The answer lies in the fact that crude oil is a globally traded commodity, with its price determined by international supply and demand fundamentals.

In this edition of Energy Minute, API’s Mason Hamilton explains how supply disruptions — such as those currently affecting the Strait of Hormuz — create a shortfall in the global market. When supply is lost in one region, it influences the cost of the crude oil everywhere.

05/07/2026

“Baseload power is going to continue to come from natural gas. So we have to find a way to move it from where it is to where it needs to be.”

API President & CEO Mike Sommers joined The Huddle to discuss why natural gas is essential for a reliable and resilient American energy grid.

05/06/2026

“We have the best opportunity that we have ever had to get bipartisan permitting reform done this year.” — API President & CEO Mike Sommers on The Huddle

The United States is the world’s largest natural gas producer. In 2024, production averaged 113.5 billion cubic feet per...
05/06/2026

The United States is the world’s largest natural gas producer. In 2024, production averaged 113.5 billion cubic feet per day, helping meet demand for reliable, affordable energy.

Much of this production comes from several key states — Texas, Pennsylvania and New Mexico are the three top natural gas producers in the U.S. Texas, the top producer, has also been the largest driver of production growth since 2019.

Visit API’s American Energy Snapshot dashboard to learn more: https://energysnapshot.api.org/

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