In 2019, for the first time since 1957, America’s energy production exceeded energy consumption on an annual basis, according to the U.S. Energy Information Administration. Domestic energy production has grown substantially during the past decade due mostly to increased crude oil and natural gas production from hydraulic fracturing and horizontal drilling. Meanwhile, due to the COVID-19 shutdown, U.S. fracking activity in April was poised to suffer its largest-ever monthly drop, according to reports. 4/29/2020
In 2019, U.S. Energy Production Exceeded Consumption for First Time in 62 Years
05/01/2020