With Production Revolution, U.S. is Quietly Breaking its Reliance on Foreign Oil

How the Booming Oil Patch Helps U.S. Trade

Want to know how the U.S. managed to narrow its trade deficit to the smallest figure in four years? Look no further than Texas, North Dakota, and other states where oil production is booming. The U.S. Commerce Department released data today showing that the trade deficit in November was the…

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Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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