Look back at oil and gas market hits and misses for the week ending Jan. 15, 2021.
(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.)
On Friday the statistical arm of the U.S. Department of Energy released figures on how dramatically domestic fossil fuel production has changed since the onset of the COVID-19 pandemic. Moreover, it unveiled its projected timeline for a rebound in output. The graphs below from the report highlight the data EIA presented.
SOURCE: U.S. Energy Information Administration,
Monthly Energy Review and