Bloomberg | Justin Fox
Booming production and falling imports enable US to become a major oil power again.
The oil market has changed a lot over the past decade. The U.S. has gone from a big-time net importer of oil to a small-time one. The latest base-case forecast from the EIA is that it will be a “modest net exporter” from 2029 through 2045. Oil’s role in the U.S. economy has changed so much and so fast thanks to hydraulic fracturing and other new methods of getting oil out of shale that it’s worth pausing from time to time to consider what this entails.
- Texas shale field production predicted to continue to grow in October September 18, 2018
- Technology And Efficiency Gains Create A “New Normal” For U.S. Shale September 18, 2018
- United States now the largest global crude oil producer September 12, 2018
- North America Will Contribute 44% of Global Crude Oil Pipeline Additions to 2022, Says GlobalData September 5, 2018
- United States Will Drive Growth for Oil Storage Industry in North America September 2, 2018
Sanchez Energy News
- Shale Drillers To Torment OPEC Into Next Decade November 8, 2017
- Sanchez Energy: A Big Bet On Making American Oil Great Again January 25, 2017
- Sanchez Energy Announces Fourth Quarter and Full Year 2016 Operating Results; Additional 110,000 Acres Leased in the Western Eagle Ford January 23, 2017
- Sanchez Energy Announces 2017 Analyst Day January 17, 2017
- Sanchez Energy Announces Conference Call to Discuss Recently Announced $2.3 Billion Eagle Ford Transaction January 12, 2017