API - American Petroleum Institute

Energy 101: What’s the difference between gasoline, diesel and jet fuel? API’s T. Mason Hamilton breaks down how these fuels power everything from our daily commutes to the heavy equipment moving entire supply chains.

Why does today's global energy crisis look different from previous supply disruptions? Our latest American Energy Snapshot newsletter explains how tremendous growth in petroleum and natural gas production has transformed the U.S. from the world’s largest energy importer into a global energy superpower. Read the full article and subscribe to the American Energy Snapshot to be notified when we publish new content and explainers like this.

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

Why have jet fuel prices been particularly affected by disruption in the Middle East? In part 1 of our jet fuel explainer, API’s T. Mason Hamilton breaks down what’s going on, and why Europe, Asia and the U.S. west coast are impacted.

Ongoing geopolitical volatility has exposed a reality the United States can no longer afford to ignore: energy security depends not just on producing energy, but on being able to move it. America is producing record amounts of oil and natural gas, but energy needs are only growing.   Unfortunately, outdated permitting laws, endless reviews and litigation delays are increasing costs, weakening resilience and slowing projects of every kind.   In my latest piece for the Atlantic Council, I explain why comprehensive, bipartisan permitting reform is one of the most important economic priorities facing the country today. https://lnkd.in/ejNQ55CU

What’s going on with global jet fuel supply? And why — even amid strong U.S. production — has disruption on the other side of the world affected jet fuel prices here? Our latest American Energy Snapshot newsletter explains these dynamics and more. Read the full article and subscribe to the American Energy Snapshot to be notified when we publish new content and explainers like this.

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 T. Mason Hamilton breaks down these four components and how they interact.

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 T. 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.

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://lnkd.in/dWk79tYF