posts tagged as gulf of mexico
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March 2020
According to the Energy Information Administration (EIA), U.S. oil production broke another record in 2019, surpassing 12 million barrels per day for...
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September 2019
The Strategic Petroleum Reserve is the world’s largest supply of emergency crude oil. The reserve is maintained by the Department of Energy...
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December 2018
The Energy Information Administration recently released its reserves report, noting that proven reserves of natural gas increased 36 percent to 464.3 trillion...
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December 2018
Myth: There’s not enough energy in the outer continental shelf (OCS) to make exploration worthwhile. Fact: The Bureau of Ocean Energy Management (BOEM) estimates...
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July 2018
First, hydraulic fracturing and horizontal drilling made the shale oil industry economically viable; now new technology and smarter design are about to...
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January 2018
Global discoveries of new conventional oil and gas in 2017 totaled only 7 billion barrels of oil equivalence—a level last seen in...