Saudis Panic As US Fracking Soars For Sixth Straight Month

Saudis Panic As US Fracking Soars For Sixth Straight Month

ByGuest Post

LISTEN TO TLR’S LATEST PODCAST: By Andrew Follett American oil production from hydraulic fracturing, or fracking, will rise for the sixth consecutive month, government data revealed Monday. U.S oil production will rise to 5.4 million barrels per day by June and result in the highest levels of domestic oil production since May 2015, according to the U.S. Energy Information Administration’s drilling productivity report….

Rock-Bottom Prices At The Pump Are Hitting These Oil Companies Hard

Rock-Bottom Prices At The Pump Are Hitting These Oil Companies Hard

ByGuest Post

Chris White Crude oil prices rose to $35 per barrel Thursday amid signs the Organization of the Petroleum Exporting Countries (OPEC) and Russia are considering working together to slow the world’s oil production. While the possibility of higher oil pries might mean more pain at the pump for consumers, the same cannot be said for…