Beyond boom and bust: A new era for energy production

As the old saying goes, it’s either boom or bust. Today, that saying is as antiquated as the old black-and-white episodes of The Beverly Hillbillies unintentionally striking oil in their backyard.

A cornerstone of the U.S. economy throughout the 20th and into the 21st century, the oil and gas industry has fueled job creation, infrastructure development, and investment. Its growth has bolstered various sectors, including manufacturing, transportation, and finance, with more than 6,000 everyday goods being produced from oil and gas byproducts. And no other industry has weathered the storms quite like oil and gas, demonstrating a resilience unlike any other.