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
government has resumed large-scale lease sales for oil and gas drilling on federal lands and offshore areas. Factors Driving 2024 Prices: Geopolitical tensions in the Middle East and Russia-Ukraine conflict pushed prices above $85/bbl at times. These changes are expected to support U.S. production. LNG exports to China.
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