Posted August 22, 2016
Shale oil and natural gas will continue to be major players in the U.S. energy mix for many years to come. In its 2016 Annual Energy Outlook, the U.S. Energy Information Administration (EIA) predicts U.S. tight oil production to reach 7.08 million barrels per day and shale gas production to reach 79 billion cubic feet in 2040. In 2015, tight oil accounted for 52% of crude oil production and shale gas accounted for 50% of natural gas production. This is all possible because of technology advances and innovations in horizontal drilling and hydraulic fracturing.
Posted August 18, 2016
The oil and natural gas industry’s continuous quest for new technologies and innovations – ensuring energy supplies that are affordable, reliable and better for the environment – makes support for renewable energy projects across the U.S. and around the world a good fit within an all-of-the-above energy strategy.
Posted August 4, 2016
Part of industry’s commitment to the country and its future growth and prosperity is supporting the educational needs of the next-generation workforce that will bring that future to life.
With experts saying much of that growth and prosperity – as well as the accompanying careers – will be built on a foundation of science, technology, engineering and math (STEM) education, a major part of industry’s outreach is focused on developing students’ interest in these topics as early as possible.