The world is producing more oil than it needs, so 2026 prices are expected to be lower. The question is how low a barrel will ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This article is more than 2 years old. CRANE, TEXAS - MARCH 12: ...

What a world we live in. When Chris Wright, former CEO of Liberty Energy, became the US Secretary of Energy nominee, the entire energy sector cheered. Finally, someone with actual oil & gas experience ...

Both administrations supported banning some offshore drilling, but also saw rises in oil and gas production. Marli Miller/UCG/Universal Images Group via Getty Images The United States is producing ...

Texas dominates U.S. oil production, contributing 42.6% of the total output, mainly due to the Permian Basin. New Mexico has seen a dramatic 190% increase in oil production over the past five years, ...