Why the U.S. is pumping more oil than any country in history
Falling oil prices: Who are the winners and losers? - BBC News
Global oil prices have fallen sharply over the past seven months, leading to significant revenue shortfalls in many energy exporting nations.
Oil and Power after the Gulf War - jstor
in oil prices and uncertainties accompanying the crisis with Iraq were among the factors that tipped the U.S. economy, then only barely growing, into recession ...
United States Oil Reserves, Production and Consumption Statistics
Current and historical Reserves, Production, and Consumption of Oil in the United States. Global rank and share of world's total. Data, Statistics and ...
There are approximately 32100 oil and gas production wells, 10500 Class II injection wells and 1750 gas storage wells in Illinois.
They Are Basking in America's Oil Boom—and Preparing for the Big ...
HOBBS, N.M.—Chip Low's drive through one of the richest corners of America's hottest oil field takes him past all the telltale signs of an ...
Gas prices up again? What's going on? - The Fulcrum
Since January, the national average price for gas has increased 57 cents to $3.66 per gallon, almost a 20 percent increase. Who or what causes gas prices at ...
Oil Embargo, 1973–1974 - Office of the Historian
During the 1973 Arab-Israeli War, Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an embargo against the United States in ...
Oil Market Report - November 2023 – Analysis - IEA
The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market.
The U.S. emergency oil stash is in the spotlight as gas prices surge
The Biden administration will release crude oil from the country's emergency oil stockpile, known as the Strategic Petroleum Reserve.
Texas oil and gas group says industry is surging | The Texas Tribune
Crude oil and natural gas extraction in Texas reached record levels in 2023, according to the industry's annual report.
How The U.S. Is Pumping More Oil Than Any Country In History
Big oil companies made nearly $173 billion in profits in 2023. Tax breaks incentivize domestic drilling amidst climate change challenges.
Gas Prices Continue Seasonal Declines | MyCentralOregon.com
Low crude oil prices and the tepid demand for gas that we normally see this time of year continue to put downward pressure on pump prices.
Peak Oil Fantasy - Orion Magazine
In 1859, the first successful oil well in the United States was drilled in Titusville, Pennsylvania. Eight miles away and six years later, a lot more oil was ...
Trump Administration Accomplishments – The White House
Before the China Virus invaded our shores, we built the world's most prosperous economy. America gained 7 million new jobs – more than three times ...
US oil and gas production set to break record in 2023 despite UN ...
United States projected to extract 12.9m barrels of crude oil per day as countries at Cop28 to push for agreed fossil fuels 'phaseout'.
Fossil Energy Study Guide: Oil
Oil doesn't exist in deep, black pools. In fact, an underground oil formation—called an “oil reservoir” —looks very much like any other rock formation. It looks ...
The US Produces More Oil Than Any Other Country — So Why Do ...
The good news for consumers is a drop in oil prices could be in store as a weakening Chinese economy lowers demand. Then again, just one damaging hurricane or ...
Refinery Utilization 101: The Other Half of the Capacity Story
Refinery utilization, measures how much crude oil refineries are processing or “running” as a percentage of their maximum capacity.
Big Oil boomed under Biden. So why does it hate him?
Joe Biden has overseen a boom in US oil and gas production but his pro-climate policies have made him unpopular with the industry.
Drilling Won't Lower Gas Prices. Here's What Will.
Some people assume more drilling will lower skyrocketing gas prices. Surprise — the U.S. drills plenty, but that won't save us at the pump ...