Environmental Record of Performance - June 2008
The oil and natural gas industry provides the fuels and products that support our nation’s economy and better its citizens’ quality of life. We help make factories and businesses run; we help move goods, people, and information; and we contribute to the creation of millions of jobs.
We also understand that the environment we share – the air we all breathe, the water we all drink and the land we all enjoy – is another important element of our quality of life. And through rigorous controls and technological innovations, we are taking better and better care of the natural environment.
The oil and natural gas industry's record of environmental performance over the past 30 years shows significant improvements in environmental quality across all sectors of the industry. These improvements didn’t come cheaply.
The U.S. oil and natural gas industry has invested more than $160 billion since 1990 toward improving the environmental performance of its products, facilities and operations — $539 for every man, woman and child in the United States. In the year 2006 alone, $11.3 billion was spent implementing new technologies, creating cleaner fuels and funding ongoing environmental initiatives. An additional $1.6 went toward research and development, corporate environmental programs and spill remediation efforts. One of the results of this investment is that as the demand for oil and natural gas grows higher, pollution levels are decreasing. This is a measure of the industry’s strong commitment to providing American consumers both the innovative products they demand and the safe, healthy environment they deserve.
Click on the Performance subsection links on the left for more information.