U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...
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 ...
INDUSTRY THE PAST FEW YEARS, GOVERNOR GAVIN NEWSOM IS CONSIDERING NEW AND SOME MIGHT SAY, SURPRISING ACTION TO KEEP THE COMPANIES OPERATING IN CALIFORNIA. THE STATE FACES THE THREAT OF HIGHER GAS ...
Chris Wright's optimism about US shale production growth is unrealistic. US shale crude oil production is plateauing. Weak production growth in Q4 2024 and adverse weather in early 2025 signal a ...
According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released earlier this month, the U.S. will produce 13.45 million barrels of crude oil ...
The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...
The U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2025 in its latest short term energy outlook. The U.S. Energy Information Administration (EIA) increased ...
The US is facing a slowdown in oil production growth this year, and a steeper year-on-year overall decline in 2026 than previously anticipated, according to recent analysis by S&P Global Commodity ...
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