In the last 60 years, America's dependence on foreign oil has risen drastically due to declining U.S. production coupled with rising demand. Today, however, increases in domestic production and reductions in demand are changing that dynamic, and this change directly benefits the U.S. economy. The infographic below illustrates the recent positive changes and how these will affect America's future energy landscape.
Brought to you by Hart Energy
Copy & Paste The Code Below to Share This Infographic
America Rallies Behind Local Oil Production, to learn more about local oil production such as the Permian Basin and the Bakken visit the Unconventional Oil and Gas Center, a Hart Energy publication.
Recommended Reading
Battalion in Compliance with NYSE American after 2023 Meeting
2024-02-13 - Previously, Battalion Oil was not in compliance with the NYSE after failing to hold an annual meeting of stockholders during the fiscal year ending Dec. 31.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Tellurian Executive Chairman ‘Encouraged’ by Progress
2024-03-18 - Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.