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No future? Texas oil industry faces challenging times
The US oil industry has just been through one of its toughest years ever. Following a trade war with Russia and Saudi Arabia, the sector was hit hard by the Covid-19 pandemic. In Texas – America's top oil-producing state – the industry is slowly getting back on its feet just as a new challenge looms: the Biden administration's shift to green energy. Our correspondents went to the Permian Basin in West Texas to see what the future looks like for the US oil industry.
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By FRANCE 24 English
5
44 ratings
The US oil industry has just been through one of its toughest years ever. Following a trade war with Russia and Saudi Arabia, the sector was hit hard by the Covid-19 pandemic. In Texas – America's top oil-producing state – the industry is slowly getting back on its feet just as a new challenge looms: the Biden administration's shift to green energy. Our correspondents went to the Permian Basin in West Texas to see what the future looks like for the US oil industry.
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