Oil boom - Wikipedia
An oil boom is a period of large inflow of income as a result of high global oil prices or large oil production in an economy. Generally, this short period initially brings economic benefits, in …
Can This Huge Oil Discovery Revive The Bakken Oil Boom?
Jan 16, 2025 · North Dakota’s claim to oil fame has long been the Bakken shale, one of the top shale plays in the country. The Bakken is considered a rather mature play, but now, studies by …
Why U.S. Oil Production Is 6.5% Ahead Of Last Year’s Record Pace
Sep 26, 2024 · According to the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration, year-to-date daily average oil production is 13.2 million barrels per …
US oil production hits record levels under Biden | Vox
Mar 13, 2024 · The US is the largest crude oil producer in the world, pumping out nearly 13 million barrels on average every day in 2023, an all-time record, according to new data from the US …
America is going through an oil boom — and this time it's different - NPR
Jun 9, 2023 · Oil companies are raking in profits, and the steadier work has also been good for workers across the region. But the economic, geopolitical and climate implications are more …
Why the US oil boom isn't helping regular people – DW – …
5 days ago · 03/10/2025 March 10, 2025. The oil industry says upping production means lower prices for taxpayers, energy independence and good jobs for Americans. Is that really so?
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
17 hours ago · Ryan Lance, chief executive of ConocoPhillips, one of the largest U.S. oil and gas producers, said he viewed energy as a “poster child” for Mr. Trump’s efforts to create jobs and …
A Looming Supply Glut Could Undermine the Offshore Oil Boom
Nov 30, 2024 · Offshore oil projects are experiencing a resurgence due to higher prices, leading to a boom in the floating rig business. The World Bank predicts a historic oil glut due to factors …
The Next Oil Boom Is Coming—and It Could Be the Last
Jun 14, 2021 · Growing consumer interest in oil-dependent activities such as leisure travel, together with a return to global economic growth, are set to boost oil consumption over the …
Texas Workers Face Mounting Dangers in the Heart of America’s …
Mar 3, 2025 · The Permian Basin, a region spanning west Texas and eastern New Mexico, is the once and future heart of the greatest oil and gas boom in American history, a frenzy of …