Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom
Oil & Gas 360º
MARCH 11, 2025
Last weeks 80 Bcf draw in working natural gas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line). lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). Oil demand and activity rebounding had the count back up to 627 as year 2022 ended.
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