Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?
Rextag
FEBRUARY 24, 2025
The first projects are expected to be operational by 2028. Factors Driving 2024 Prices: Geopolitical tensions in the Middle East and Russia-Ukraine conflict pushed prices above $85/bbl at times. Gulf Coast refineries. Projected Timeline: Initial plants are expected to be operational by 2028. production. MMBbl/d (+1.8
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