Oil in America
Oil has played a significant role in America’s economy. Although the price rises and falls through the years, it is still a commodity that is needed by everyone. New technology and the excellence of individuals have enabled output to be at solid levels.
Contrary to popular belief, oil industry experts have known for years that there is oil available in certain areas underground. The challenge was to get at the oil. New technology has enabled people to get at the oil by using fracking and equipment, such as fracking pumps. The benefit of this technology is that it can lower the price of oil and create jobs in various areas of the United States.
Oil in the States
When people think of oil, they may usually think of Texas. At the same time, there are other places in the states that have oil. Alaska is another state that has a large amount of oil. Technology has enabled oil to be harvested by workers safely. Western North Dakota has become quite a hotspot for oil. Jobs, vehicles and tons of people have moved into the Williston area. The roaring economy has pushed the city into the current century, and it is showing vitality for an area that once had high unemployment.
Oil still plays quite a significant role in the economy. As technology continues to improve, Americans will have more access to harvest oil. The result is oil can be used to benefit the nation.