A Project of Texans for Natural Gas

Little Caracas on the Prairie

Venezuela, by some measures home to the world’s largest crude reserves, saw oil output drop in September to a four-decade low of 1.17 million barrels. The same month saw North Dakota, owner of the Guinness World Record for the most snow angels, produce a record of nearly 1.3 million barrels.

How Fracking Turned OPEC Into The Walking Dead

The river of oil now hitting the market from U.S. fracking has stunned global energy markets. The U.S. has already leapfrogged both Russia and Saudi Arabia as the No. 1 producer. Will U.S. oil lead to OPEC’s demise?