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U.S. Seen as Biggest Oil Producer After Overtaking Saudi Arabia

Tuesday, July 8th, 2014 @ 1:47PM

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…

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Friday, May 30th, 2014

On Energy, ‘All of the Above’ Is Working

It may come as a surprise, but the world leader in combined oil and natural gas production last year was...

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Friday, May 30th, 2014

Lifting of Crude Export Ban Will Spur U.S. Economy, IHS Says

The U.S. will benefit from increased oil production and lower gasoline prices if the government lifts restrictions on crude exports,...

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Featured Videos

Horizontal Drilling and Hydraulic Fracturing

Friday, October 12th, 2012 @ 4:25PM

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...