The American Exploration & Production Council (AXPC) is a national trade association representing 26 of the largest independent oil and natural gas companies in the United States.
AXPC works with regulators and policymakers to better educate them on our operations so that they will be able to create sound fact-based public policies that result in the safe, responsible exploration and production of America’s vast oil and natural gas resources. Our goal is to provide technical and regulatory knowledge, making AXPC a rich repository of resources on the industry and the science behind our operations.
Dedicated to safety, science and technological advancement, AXPC members strive to deliver affordable, reliable energy to consumers while positively impacting the economy and the communities in which we live and operate.
What We Do
The American Exploration & Production Council (“AXPC”) is the only Washington, DC-based trade association that represents the large, U.S. independent natural gas and crude oil exploration and production (“E&P”) companies. AXPC’s Board of Directors is composed of the member company CEOs and other key members of executive management. Its working committees are comprised of member company subject matter experts. AXPC’s mission is to utilize these unique qualities to bring unparalleled focus and expertise to bear on both longer-term, strategic challenges and specific, day-to-day legislative and regulatory issues facing its members.
About the oil and gas industry
The oil and natural gas industry utilizes some of the most advanced technologies in the world to safely extract our abundant domestic resources. We are a major contributor to national, state, and local economies, providing significant tax and royalty income to governments and citizens alike.
In addition, the industry supports millions of jobs across the country and gives back to the communities where we live and work through charitable giving and employee volunteerism.
Today, the U.S. is undergoing the ultimate transformation from energy importer to energy exporter. Originally set on expanding import infrastructure, we’ve quickly adapted facilities toward the export of domestic oil and natural gas with far-reaching economic benefits. The U.S. is the number one producer of both oil and natural gas in the world, with abundant domestic resources to support future growth.
Though our impact is global, the exploration and production of oil and natural gas supports more than 10.3 million workers and their families across the country. That number includes direct jobs, which are those where employees are hired and work for oil and natural gas companies, and indirect jobs, which support the oil and natural gas supply chain. It also includes induced jobs, which are those that occur due to oil and natural gas development in a community, like new restaurants or hotels. Some industries that may see an increase in jobs or revenue as a result of local oil and natural gas development include:
- American steel
- Small business
Our energy future is bright, and these are just a few of the ways the industry makes lives better. The truth is, we do far more than fuel cars and heat homes. We help provide the means to a productive economy and quality of life, from fueling 96% of U.S. transportation to powering American defense, hospitals, homes, and schools and bolstering global trade and commerce. In addition, the byproducts of oil and natural gas are used to create lifesaving medical devices such as incubators in the NICU and artificial hearts. They are used to produce our clothing, electronic devices, pharmaceutical and plastic products, and much more. The oil and natural gas industry touches every life, every day, providing the standard of living we’re used to while strengthening economic and energy security.