America’s Oil Supply Problem Worse Than You Think, Industry Leader Warns

America’s Oil Supply Problem Worse Than You Think, Industry Leader Warns
A rig hand works on an electric drilling rig for oil producer Civitas Resources, at the Denver suburbs, in Broomfield, Colo., on Dec. 2, 2021. Liz Hampton/Reuters
Allen Zhong
Allen Zhong
senior writer
|Updated:
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America’s oil supply problem is worse than most predictions, Ezra Yacob, president of EOG Resources Inc., told analysts during a third-quarter earnings call.

Oil production in the United States will maintain a low growth rate in 2023, he said.

Allen Zhong
Allen Zhong
senior writer
Allen Zhong is a long-time writer and reporter for The Epoch Times. He joined the Epoch Media Group in 2012. His main focus is on U.S. politics. Send him your story ideas: [email protected]
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