Tag Archives: domestic-oil

Domestic Oil and Natural Gas Seen to Raise American Household Incomes by $1,200

USA Today: Newly found sources of domestic oil and natural gas are having an even bigger impact on the economy than first projected, adding more than $1,200 last year to the discretionary income of the average U.S. Continue reading

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U.S. shale boom seen casting long shadow over global energy landscape

Greenwire: The United States is in the early stages of a boom in domestic oil production, sparked by the same innovations in drilling technologies that tapped shale to spur a 20 percent spike in natural gas output. Shale oil production is already booming in western North Dakota where light crude production from the Bakken Shale formation is transforming the state economy Continue reading

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