Upstream capital expenditure

The U.S. oil and natural gas industry invests roughly $150 billion every year in oil and natural gas upstream production alone — not including billions more invested annually in pipelines, refineries, export terminals and other critical infrastructure.

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APA

American Petroleum Institute. (2026). The Long View: How America Became the World's Energy Stabilizer. Retrieved September 15, 2026, from https://www.api.org/news-policy-and-issues/news/2026/08/06/long-term-investment. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T1C

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MLA

American Petroleum Institute. "The Long View: How America Became the World's Energy Stabilizer." 2026, https://www.api.org/news-policy-and-issues/news/2026/08/06/long-term-investment. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T1C.

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Chicago

American Petroleum Institute. "The Long View: How America Became the World's Energy Stabilizer." 2026. https://www.api.org/news-policy-and-issues/news/2026/08/06/long-term-investment. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T1C.

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BibTeX

@misc{api2026upstreamdt9t1c, author = {{American Petroleum Institute}}, title = {The Long View: How America Became the World's Energy Stabilizer}, year = {2026}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T1C}, note = {Original source: https://www.api.org/news-policy-and-issues/news/2026/08/06/long-term-investment. Accessed September 15, 2026.} }

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Record last modified 15 September 2026. Value type: estimate. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9T1C.