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U.S. Oil Production Slumps by Record 40% as Permian Freezes
SpaceX plans to drill for natural gas next to Texas launchpad
"Now, for good measure, (Tesla's CEO) Elon Musk plans to drill for natural gas in the Texas state, it was revealed during a Friday hearing before the Railroad Commission of Texas, the state's energy regulator. Despite SpaceX & (Tesla CEO) Elon Musk’s focus on electric vehicles, the uncomfortable fact remains that rockets are powered by fossil fuels. Now, SpaceX is embroiled in a legal battle over the right to drill for natural gas in reserves close to the company’s launch facility in Boca Chica, Texas, according to Bloomberg."
API (2021) State of American Energy
All information accredited to the American Petroleum Institute
"The natural gas & oil industry is the reliable foundation for powering America's economic recovery & stands ready to help America build today & tomorrow by supplying affordable, dependable energy through innovation & new technologies, to meet challenges while continuously improving environmental performance. Most American's realize their prosperity & security is inextricably linked to energy from natural gas & oil. Our industry is focused on keeping America growing & secure by safely & responsibly providing a firm, reliable & resilient energy foundation. Natural gas & oil will continue to play a foundational role in the world's energy mix for decades to come. We'll produce the energy American's use & reduce emissions through continued innovations & new technologies. Natural oil & gas are here for the long haul."