It’s widely acknowledged just how prolific the Permian Basin is in producing crude oil and natural gas. A new report from the U.S. Energy Information Administration shows just how prolific the Permian ...

The new plan is a stark reversal from the Biden administration, which cut down on the number of federal land leases and added ...

Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%.

(The Center Square) – The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large build of 4.4 ...

U.S. August oil production increased by 86 kb/d to 13,794 kb/d, another new high. Texas production has rebounded since the weather-related January 2025 drop. August’s production is essentially the ...

Earlier predictions of "peak shale" have shifted, with US shale drillers now signaling continued growth due to improved efficiency. The Energy Information Administration (EIA) has revised its ...

(Update) November 6, 2025, 7:05 PM GMT: Adds detail about decline in number of workers. US shale companies are forging ahead with their production plans, adapting to $60 oil prices while grinding out ...