Sentences with phrase «surging shale industry»
Not exact matches
The state's oil production grew tenfold over the past decade as it built a thriving oil shale industry virtually from scratch, driving unemployment to a national low and filling government coffers with surging tax revenue.
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US to dominate oil industry in 5 years, IEA reports How much investment is needed in energy US shale output is surging, here's what will keep the boom going
Recent news from the US shale oil industry suggests that a surge beyond what is currently projected is doubtful.
They include: reliance on industry innovation that has been the driving force behind America's energy renaissance — innovation that launched the surge in shale energy production, prompting increased natural gas use and resulting in lower carbon emissions; embracing the successful, free - market approach to energy and economic growth while lowering emissions by basing decisions on sound science; and allowing more opportunities for energy exploration and development.
In particular, he foresaw further struggles for Africa's oil industry, which he said will struggle to match the production of the Middle East or the surge of United States shale oil production.