Sunday, May 25, 2025
Pioneer CEO: The shale boom is over- oil and gas 360

Pioneer CEO: The shale boom is over

Oil Price Earlier this month, the Energy Information Administration forecasted that oil production in the United States would grow by 590,000 bpd to a total of 12.44 million bpd. It also said, however, that next year, production growth will only amount to 190,000 bpd—a significant weakening from this year’s forecast. Perhaps the EIA has heard multiplying warnings from the shale oil industry that

Energy Workforce: President Biden’s fiscal budget threatens energy security, increases costs- oil and gas 360

Energy Workforce: President Biden’s fiscal budget threatens energy security, increases costs

World Oil (WO) – Energy Workforce & Technology Council President Tim Tarpley released the following statement regarding President Biden’s fiscal 2024 budget proposal:   “President Biden is again targeting America’s oil and gas producers in his fiscal 2024 budget proposal. This budget request if enacted, would increase American’s energy costs, and further deplete our nation’s energy security and that of