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.

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.

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.

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.

Georgia Wells, Timothy Puko | Wall Street Journal | March 1, 2018

A Russian-backed propaganda group used social media in an attempt to disrupt the U.S. energy industry and influence energy policy, according to a new congressional staff report reviewed by The Wall Street Journal.

Katherine Blunt | Houston Chronicle | February 14, 2018

The U.S. is soon expected to become a dominant player in the global market for liquefied natural gas as Gulf Coast companies build massive terminals to serve overseas markets and the federal government considers looser regulations for small-scale exports closer to home.

A new report from the Texas Oil & Gas Association (TXOGA) finds that oil and natural gas operators in Texas paid roughly $30 million per day in state and local taxes and royalties during the 2017 fiscal year. All told, oil and gas contributed $11 billion in revenue to the state and local governments – an increase of 17 percent from 2016 – thanks to record oil and gas production.  

Osamu Tsukimori | Reuters | February 26, 2018

TOKYO (Reuters) - The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil boom continues to upend global markets.