Despite ongoing concerns about global economic volatility, energy transition policies, and fluctuating demand, the U.S. energy sector has demonstrated its unmatched resilience and innovation. Building on the record-breaking momentum of 2023, 2024 has proven to be another landmark year for oil production, driven by technological advancements, strategic investments, and favorable market conditions. A Second Consecutive Oil Production Record In 2023, U.S. oil production reached a record high, surpassing 12.9 million barrels per day, solidifying the…
