File:Oil companies 'thriving' - 2024.jpg: Difference between revisions
Siterunner (talk | contribs) No edit summary |
Siterunner (talk | contribs) No edit summary |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 3: | Line 3: | ||
<big>'''''Why Is the Oil Industry Booming?'''''</big> | <big>'''''Why Is the Oil Industry Booming?'''''</big> | ||
''High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars'' | |||
Unlocked/open access article | ''Via the NY Times (Unlocked/open access article)'' | ||
July 16, 2024 | ''July 16, 2024'' | ||
''For all of the focus on an energy transition, the American oil industry is booming, extracting more crude than ever from the shale rock that runs beneath the ground in West Texas.'' | ''For all of the focus on an energy transition, the American oil industry is booming, extracting more crude than ever from the shale rock that runs beneath the ground in West Texas.'' | ||
Latest revision as of 17:11, 16 July 2024
Why Is the Oil Industry Booming?
High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars
Via the NY Times (Unlocked/open access article)
July 16, 2024
For all of the focus on an energy transition, the American oil industry is booming, extracting more crude than ever from the shale rock that runs beneath the ground in West Texas.
After years of losing money on horizontal drilling and hydraulic fracturing, the companies that have helped the United States become the leading global oil producer have turned a financial corner and are generating robust profits. The stocks of some oil and gas companies, such as Exxon Mobil and Diamondback Energy, are at or near record levels...
~
File history
Click on a date/time to view the file as it appeared at that time.
| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 17:03, 16 July 2024 |  | 600 × 716 (87 KB) | Siterunner (talk | contribs) |
You cannot overwrite this file.
File usage
The following page uses this file:
