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U.S. Oil and Gas Boom Poses Challenge to Climate Goals

oilprice.com 12-04-2024 10:00 0.5 Minutes reading
Over the last two years, the U.S. has significantly boosted its oil and gas production, despite also developing its renewable energy capacity. Following the Russian invasion of Ukraine and subsequent sanctions on Russian energy, the world experienced energy shortages and many countries found their energy security to be under threat. This led many countries in North America, Europe, and other parts of the world to look for alternative energy supplies to ensure they had enough oil and gas to meet their needs. Despite having put restrictions on the…

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