We begin with an amazing American economic story you probably haven’t heard much about. Quietly and without much fanfare, the U.S. has become the world’s largest producer of crude oil… defying many predictions. And the impact goes way beyond our oil fields. It’s a big stick that can be used to influence international policy. The […]
Permian’s Wolfcamp Formation Called Biggest Shale Oil Field in U.S….
One portion of the giant field, known as the Wolfcamp formation, was found to hold 20 billion barrels of oil trapped in four layers of shale beneath West Texas. That’s almost three times larger than North Dakota’s Bakken play and the single largest U.S. unconventional crude accumulation ever assessed…