Big Oil is outside looking in. As the major oil companies return from offshore and overseas to American fields to grab a piece of the shale revolution, a revolutioncreated by independent oil and gas companies—largely in Texas and New Mexico—the Bigs find that the independents sit upon the leaseholds they (the majors) once controlled. And […]
The Vitality of the Independents
America has not fully grasped what has happened in the hinterlands of domestic energy, where old fashioned American ingenuity has achieved one of its greatest triumphs. In our first installment, we took up the idea that it wasn’t the major oil companies who re-invented the oil and gas industry—it was the independents, mainly in the […]