thestatedtruth.com | November 13, 2012
This will change everything folks…….Growing supplies of crude oil extracted through new technologies including hydraulic fracturing of underground rock formations will transform the U.S. into the worlds largest producer of oil starting as early as 2017, the Paris-based adviser to 28 nations said in its annual World Energy Outlook. The U.S. met 83 percent of its energy needs […]
Category: Commentary, Economy, Oil and Nat Gas, Wall Street, World News |
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Tags: 2017, Barrels Of Oil, Drilling, New Technologies, Oil, Petroleum, Pumping, U.S.
thestatedtruth.com | December 31, 2011
At the close of 2011, U.S. natural gas prices sat at their lowest point in more than two years and the lowest winter price in ten years. All the while natural gas production in the lower 48 states hit an all time record of 71.3 billion cubic feet a day in October, according to the latest U.S. Department of […]
Category: Commentary, Economy, National News, Oil and Nat Gas, Wall Street |
150 Comments »
Tags: Drilling, Natural Gas, Oil, Price Plunge