Petroleum, Natural Gas & Minerals
Industry Profile
- U.S. lmports: According to the U.S. Energy Information Administration, in 2024 the U.S. imported an estimated $700 billion in petroleum, natural gas, and mineral products to include crude oil, natural gas, coal and mineral extraction products.
- Harmonized Tariff Schedule: ‘‘Petroleum’’ and ‘‘natural gas’’ to consist of merchandise classified under headings 2709 through 2713, HTSUS. ‘‘Petroleum related’’ to consist of merchandise classified under headings 2701, 2705, 2707, 2708, 2714, 2715, 2716, and 3826, HTSUS. ‘‘Minerals’’ or ‘‘Mining’’ to consist of merchandise classified under headings 2601 through 2621, 2702, 2703, 2704, and 2706, HTSUS.
- West Virginia’s Industry: According to the U.S. Energy Information Administration, in 2024 West Virginia produced an estimated $1.5 billion in petroleum, natural gas, and mineral products.
