A growing number of analysts believe that U.S. production will never again hit recent highs.
Coronavirus and collapsing oil prices have hollowed out budgets of oil-producing countries, raising fears of instability.
With demand for oil slumping worldwide, global storage could be full by June.
Ironically, the U.S. policy of economic pressure on Iran may turn a global catastrophe into a moment of opportunity Tehran hopes to exploit.
In addition to oil, energy dominance should harness the diversity of fuels the United States has to offer and use them all to power our transportation sector.
OPEC+ agreed to the largest cuts in history, but oil prices barely moved in response.
The success of the world's largest oil production cut may hinge on the United States.
Despite the coronavirus significantly impacting oil demand, U.S. policymakers should still press for antitrust legislation that acts as a deterrent to OPEC market manipulation.
A major production cut of 10 million barrels per day would be historic in size - and probably fail to move the needle.
The crisis affecting the U.S. oil industry has reached the point where some drillers are now requesting the Texas state government step in to regulate production