The oil and gas industry’s use of horizontal drilling and hydraulic fracturing has unlocked reserves once thought too expensive and too difficult to reach. Now, oil and natural gas production in the United States is rising dramatically, and the amount of imported oil is dropping.
Here’s a look at some numbers from the September edition of the monthly “Short Term Energy Outlook” report from the Energy Information Administration, part of the U.S. Department of Energy.
The oil and gas industry’s use of horizontal drilling and hydraulic fracturing has unlocked reserves once thought too expensive and too difficult to reach. Now, oil and natural gas production in the United States is rising dramatically, and the amount of imported oil is dropping.
Here’s a look at some numbers from the September edition of the monthly “Short Term Energy Outlook” report from the Energy Information Administration, part of the U.S. Department of Energy.