The U.S. is producing more oil and natural gas today than ever before, and far more than any other country. So what roles did the Trump-Pence and Biden-Harris administrations play in this surge? The ...
M/M vs. +0.1% consensus and +0.7% prior (revised from +0.2%), according to data released by the Federal Reserve on Thursday.
Lower oil prices and a focus on shareholder returns are leading US oil companies to drill less, slowing production growth. Efficiency gains have partially offset the decline in drilling activity.