This is what we always professed to want is it not? And President Trump seems to be one who is celebrating the success. Texas Insider Report: AUSTIN Texas I dont think weve even begun to grip yet just how transformationalthe last couple years in the Oil & Gas Industry are really going to turn out to be or have already been for this nation ALL OF the Doom & Gloom The Sky is Falling the term Peak Oil Scenarios turned out to be dead wrong said the Texas Alliance of Energy Producers Karr Ingham.
Its been a stunning occurrence but isnt this what weve always professed to want? And President Trump seems to be one who is celebrating these successes Ingham tells Insiders Jim Cardle.
Crude Oil Production in Texas has more than Tripled since 2009
In 2009 crude oil production began to turn upward and between 2009-to-2015 crude oil production in the United States essentially doubled Crude oil production in Texas more than tripled during that same time" said Ingham.
What we have done among other things is to literally set ourselves up with an affordable long-term abundant supply of energy for as far into the future as we can see for decades to come.
And at the same time that were increasing our own production domestically weve also been reducing our dependence on foreign energy imports from somewhere in the neighborhood of 60-to-65 of useage down to somewhere in excess of 20" Ingham said.