U.S. oil production has reached a new record in 2023, primarily driven by significant contributions from Texas and New Mexico, while California experiences a notable decline.
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The top energy stories of 2023 encompassed a range of developments, including record U.S. oil production, significant events at the COP28 climate conference, challenges in ESG investing, advancements in U.S. nuclear power, and the impact of Middle East conflict on energy markets.