Weekly Update

Friday, November 15, 2019

November 15, 2019

Energy Briefing



Move Over OPEC: U.S. Shale Influence to Grow as Global Oil Demand Set to Increase Through 2040

Oil demand is projected to increase over the next two decades, a new report from the International
Energy Agency states, with U.S. shale production set to play an even more integral role in meeting
that global demand.


Two New Reports Tout Massive Benefits of Texas Oil and Gas

Two separate reports – one from the Texas Independent Producers and Royalty Owners Association and one from the Texas Oil and Gas Association – outline the astonishing economic benefits provided by oil and natural gas production in the Lone Star State.


Thanks in large part to Texas, the United States is now producing more oil and natural gas than any country in the world, and American oil and natural gas production volumes are at record highs.








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