Why Is Oil So Important in America?
supports over 19 million jobs, accounting for direct and indirect employment in the United States. The industry contributes more than $1 trillion in direct gross regional product (GRP) annually, with Texas alone accounting for $385 billion in 2025. The importance of oil in the American economy is evident in employment opportunities and in tax revenue funding schools, hospitals and public infrastructure.
The economic impact of oil production extends beyond job creation. The industry reduces the U.S. trade deficit and helps maintain energy independence. With domestic production at record levels, American businesses gain affordable energy, supporting manufacturing growth.
Oil Beyond Fuel
A 42-gallon barrel of crude oil yields approximately 45 gallons of petroleum products through refinery processing. While nearly half goes toward gasoline, the remainder supports nonfuel applications most consumers never consider.
Petroleum derivatives appear throughout modern life: plastics in electronics, synthetic fibers in textiles, ingredients in soaps and cosmetics, and components in outdoor gear. U.S. oil production benefits consumers by enabling access to these everyday essentials.
The Need for Reliability in the Energy Sector
Because the U.S. economy depends on a stable oil supply, infrastructure supporting production must operate with exceptional reliability. Optimal performance depends on components that maintain integrity under demanding conditions.
For oilfield businesses, uptime and component performance are essential. Oil extraction and transport require components engineered to withstand extreme pressures, temperatures and chemical exposure.
Secure Your Operations With Global Elastomeric Products, Inc.
Global Elastomeric Products, Inc. serves as a trusted partner for companies supporting America's energy sector. With over 50 years of manufacturing high-performance elastomeric products for oilfield and agricultural applications, we understand the importance of operational reliability.
If you're using rubber molding products from another supplier and seeking better quality, faster turnaround or responsive service, transitioning is simple. Our in-house design engineer works with you to match specifications or develop improved solutions.
We design, manufacture and distribute our product line, including packer cups, swab cups, stripper rubbers and custom elastomer seals tailored to your specifications. As an ISO 9001:2015-registered company, we maintain rigorous quality assurance. We guarantee products will be free of defects.
As a privately held American company, we manufacture all products in the USA and serve projects of any size with quick turnaround. Contact us at 661-831-5380 to discuss how our Made in America elastomer products support your operations.