'Keep It In The Ground' Activists Optimistic Despite Oil Boom
Jeff Brady | NPR | March 16, 2018
The United States oil business is booming and the country could soon be the largest crude oil producer in the world. Despite this record-breaking production, climate change activists campaigning to move away from fossil fuels say they are making progress.
Read moreMore Than Half of US Oil Rigs Are in the Permian
Trevor Hawes | Midland Record Times | March 5, 2018
The U.S. hit 800 oil rigs this week, more than half of which were in the Permian Basin.
Read moreOne Texas Shale Oil Play Is Leading The U.S. To Energy Dominance
Michael Bastasch | The Daily Caller | March 5, 2018
The U.S.’s most productive shale oil formation, nestled in western Texas, is on track to double its output in the next five years, according to a new report.
Read moreAmerica's Oil Boom Is Fueled By A Tech Boom
Mose Buchele | KUT 90.5 | March 8, 2018
The U.S. is on track to become the world's biggest oil producer, pumping out more crude than at its peak nearly a half-century ago. For decades, few expected such a comeback, and it's all the more remarkable because the price of a barrel of oil is nowhere near what it was during the last, recent boom.
Read moreU.S. Will Be the World’s Largest Oil Producer by 2023, Says IEA
Sarah Kent, Timothy Puko | Wall Street Journal | March 5, 2018
The U.S. is likely to overtake Russia to become the world’s largest oil producer by 2023, accounting for most of the global growth in petroleum supplies, a top industry monitor said Monday.
U.S. crude production is expected to reach a record of 12.1 million barrels a day in 2023, up from 10.6 million a day this year, said the International Energy Agency, which advises governments and corporations on industry trends. American oil output will surge past Russia, currently the world’s largest crude producer at roughly 11 million barrels a day.
Read moreAmerica Just Officially Broke Its 47-Year-Old Oil Production Record
Texans for Natural Gas | March 2, 2018
U.S. oil production in November 2017 surpassed the all-time record of 10.044 million barrels per day (b/d) set in 1970, according to the latest data from the U.S. Energy Information Administration (EIA). EIA previously stated that production last November reached 10.038 million b/d – the first time production broke 10 million b/d since 1970 – but has now revised the numbers to 10.058 million b/d, an official record.
Read moreAnalysis: U.S. Has Already Met 2025 GHG Reduction Target Thanks To Natural Gas
Energy In Depth | February 26, 2018
A new analysis by researchers from Carnegie Mellon University (CMU) finds that the United States has already met the Clean Power Plan’s (CPP) 2025 carbon emission reduction targets “primarily due to natural gas prices and market forces,” according to co-author and CMU professor Paul Fischbeck.
Read moreShale Surge Boosted U.S. Production to Record High in November
Jessica Summers | Houston Chronicle | February 28, 2018
U.S. oil production reached a record high in November as the shale boom puts the nation among the world's biggest suppliers and upends global markets.
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