Fact checked by Pete Rathburn Reviewed by Akhilesh Ganti The oil industry is driven by booms and busts. Prices rise during ...
The industry is pumping ... Then, in 2014, oil prices crashed. It took a couple of years, but U.S. production eventually bounced back, soaring to a record of nearly 13.5 million barrels a day ...
As President-elect Donald Trump's picks for energy posts face confirmation hearings this week, the oil industry's top lobbying ... from the API wish list. For example, Sommers did not call for ...
The oil industry is driven by booms and busts ... 2015 offers an interesting example of how all five factors can conspire to send prices to historic lows. At that time, the price of crude oil ...