The U.S. will remain the world’s biggest oil producer this year after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said. U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries…View
The U.S. will benefit from increased oil production and lower gasoline prices if the government lifts restrictions on crude exports,...View
Hydraulic fracturing – a technique used to dramatically boost production of oil and gas from difficult to reach geological formations – is essential to increasing domestic energy production. While it has been criticized by some in the environmental community, responsible...