America’s oil boom concentrated in ten Permian counties
Ten counties in the Permian Basin drove 93% of U.S. crude oil growth from 2020–2024, EIA and Enverus data show.
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Permian Basin drives $119B in US economic impact, report finds
According to the impact report, the Permian Basin generated $119B for the US economy in 2024 and supported more than 862,250 jobs.
US oil and gas production reached record highs in April, says EIA
US liquids production hit a record of 20.83M bpd in April, up roughly 50K barrels from March, per latest EIA Petroleum Supply Monthly report.
Lawmakers tour Permian Basin oil sites, discuss energy policy and jobs
Lawmakers tour Permian Basin oil sites to shape energy policy, promote jobs, and support US energy dominance and innovation.
Federal oil & natural gas leasing revenue tops nearly $8.5 billion in 2023
Revenues from oil and natural gas leases on onshore federal lands totaled $8.497B in 2023, according to a new Congressional Research Service.
USA DOI generates $39MM from 1Q 2025 oil, gas lease sales
US DOI announced that it generated over $39 million in total receipts from oil and gas lease sales held in the first quarter of 2025.
Report: Texas oil and gas industry broke multiple records in 2024
In 2024, Texas’ oil and gas industry set records in production, job creation, and taxes/royalties paid, per a report by TIPRO.
U.S. energy dominance: A decade in the making
President Trump campaigned on the promise of “unleashing US energy dominance,” but the reality is that the US has already achieved this goal.
Trump’s presidency sparks renewed optimism in oil markets
Speculators and algorithmic traders are betting on higher oil prices due to expected policy changes under Trump and shifts in EV and oil demand.
AI helps researchers dig through old maps to find lost oil and gas wells
Researchers used AI to analyze 45 years of USGS maps, uncovering oil and gas wells not listed in state records in California and Oklahoma.
