Last June, the United States overtook Russia and became the world’s largest oil and natural-gas producing country. However, Russia recently gained back its #1 spot and is now followed by Saudi Arabia with the United...
Tag - oil production
Kayleigh DeMace
The Stacking Dilemma: What Do You Do With Not-In-Service Oil Rigs?
Understanding the oil industry isn’t exactly easy–for starters, nobody even knows exactly how much oil is actually underground. The oil market ebbs and flows and is probably far more complicated than the...
Sarah Simonovich
What Are The Worlds Largest Oil Reserves?
Below is a great map by country detailing the worlds largest oil reserves, which are the amount of oil that can be technically and economically recovered from the ground. The map also displays oil production by country...
Matthew Blockus