Elliott Roosevelt Jr., a grandson of U.S. President Franklin Delano Roosevelt, grins and leans toward visitors in his Dallas office to describe his biggest discovery in 53 years as an oilman.
The U.S. expanded its oil production this year by the most since the first commercial well was drilled in 1859, upending a belief that Americans were increasingly hooked on foreign crude.
Mexico’s Senate approved an energy bill that supporters say will make the country the world’s fifth-largest oil producer in about a decade, spurring growth in Latin America’s second-biggest economy.
"It's not clear that anyone can answer how low it will go."
- Ed Morse on Jan 07, 2015
Morse Sees `Boom' in Energy-Intensive Industries
Morse, Wetherbee Favor Natural Gas Vehicles