In what is being hailed as the 'Golden era', 2023 marked a period of unexpectedly robust U.S. oil production that caught even industry titans off guard. Chevron's CEO, Mike Wirth, and Occidental's CEO, Vicki Hollub, were among those surprised by the surge in output. They reportedly discussed their astonishment during various industry gatherings...
1. The year 2023 was recognized as a 'Golden era' due to unexpected growth in U.S. oil production.
2. The increase in production levels took everyone by surprise, including industry giants.
3. Chevron's CEO, Mike Wirth, and Occidental's CEO, Vicki Hollub, were among the surprised industry leaders.
4. These leaders have expressed their astonishment in interviews and at industry gatherings.
5. The remarkable growth in U.S. oil production during this period has surpassed projections and defied expectations.
In 2023, US oil production reached an unprecedented high of 12.4 million barrels per day.
These industry leaders were speechless at the boom in U.S. oil production in the year 2023. The magnitude of this increase in the production levels caught everyone by surprise, even seasoned veterans such as Chevron's CEO Wirth and Occidental's Vicki Hollub. They have both expressed their astonishment in interviews and conferences across various media platforms. This remarkable growth has been dubbed as the 'golden era' for the U.S. oil industry, as it continues to defy expectations and outperform projections.