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  2. Petroleum industry - Wikipedia

    en.wikipedia.org/wiki/Petroleum_industry

    The oil and gas industry spends only 0.4% of its net sales on research & development (R&D) which is in comparison with a range of other industries the lowest share. [36] Governments such as the United States government provide a heavy public subsidy to petroleum companies , with major tax breaks at various stages of oil exploration and ...

  3. History of the petroleum industry - Wikipedia

    en.wikipedia.org/wiki/History_of_the_petroleum...

    The modern U.S. petroleum industry is considered to have begun with Edwin Drake's drilling of a 69-foot (21 m) oil well in 1859, [37] on Oil Creek near Titusville, Pennsylvania, for the Seneca Oil Company (originally yielding 25 barrels per day (4.0 m 3 /d), by the end of the year output was at the rate of 15 barrels per day (2.4 m 3 /d)).

  4. Cruz files bills to repeal natural gas tax, offshore ... - AOL

    www.aol.com/cruz-files-bills-repeal-natural...

    (The Center Square) – U.S. Sen. Ted Cruz, R-TX, filed a new bill to bolster U.S. energy production, led by the Texas oil and natural gas industry. Cruz on Thursday filed a bill to repeal a tax ...

  5. List of largest oil and gas companies by revenue - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_oil_and...

    A commercial oil tanker receives oil at a terminal off Iraq. Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications.

  6. Here's what Trump could do to boost the oil and gas industry ...

    www.aol.com/news/heres-trump-could-boost-oil...

    President-elect Donald Trump is expected to make a big push for fossil fuels on January 20 through a series of executive orders aimed at boosting US oil and gas production and rolling back the ...

  7. Texas oil and natural gas industry job growth continues to ...

    www.aol.com/texas-oil-natural-gas-industry...

    (The Center Square) – Job growth in the Texas oil and natural gas industry continues to remain strong, contributing to Texas again leading the U.S. in job growth last month. In October, the ...

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