This EITI Report covers United States of America's extractive sector in 2013. It was published in December 2015.
The United States is both a significant producer and consumer of various minerals. Its domestic energy production is growing to meet the needs of the world’s largest economy. New technologies have enabled extracting oil and gas from shale and rock formations, which has led to a sharp increase in production. The U.S. Energy Information Administration (EIA) forecasts growth to continue in the coming years, possibly making the United States the world’s largest producer of oil in 2015. EIA also foresees that it will become a net exporter of natural gas by 2018. The U.S. was the world’s second largest producer of coal in 2012 (World Coal Association).
In the U.S., sub-soil resources belong to the surface landowner, unless separated by a deed. In this sense, the U.S. legislation differs from that of many other countries, which consider minerals as state property.
Hydrocarbons reserves are found on private, federal and state-owned land. Federal laws guide mining activities across the country, but revenue is mainly collected by states. The federal government collects revenue from activities on federal-owned land, as well as corporate income tax from companies operating on land owned by others. In 2012, oil sales from federal lands represented roughly a quarter of total U.S. oil sales (EIA).
The United States of America was admitted as an EITI candidate country on 19 March 2014. The first Report, covering 2013, was published in December 2015. A second report covering 2104 and 2015 was published in December 2016.
The United States submitted its EITI candidature application on 19 December 2013. The U.S. requested adapted implementation regarding the requirement for sub-national reporting (4.2d) due to the scope and complexity of state-level revenue collection. The EITI Standard allows for adapted implementation “where the country faces exceptional circumstances
that necessitate deviation from the implementation requirements” (Requirement 1.5).
On 20 September, 2011, President Barack Obama committed to implement the EITI in the U.S. In conjunction with the President’s announcement, the U.S. unveiled its National Action Plan for the Open Government Partnership, including as one if its commitments the pledge to manage public resources more effectively by implementing the EITI.
This is the United States of America EITI 2014 Annual Progress Report (in accordance with Requirements 7.4 and 8.4).
This is the United States of America EITI 2016 work plan (in accordance with Requirement 1.5).