How big is this oil strike? It is three times larger than the Bakken play in North Dakota. The Wolfcamp formation in the Permian Basin in West Texas has been found
Tag "Domestic Oil Production"
The ramifications of the decision to decrease oil production by OPEC are still being felt on the markets. Oil today closed over $50 a barrel for the first time in
The United States oil market took a drastic fall in November of 2014 due to a very specific reason. The Organization of Petroleum Exporting Countries (OPEC) decided at their Fall