Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:

  • We have tons of content. In fact, since November 2011, I've published more than 26,000 posts on thousands of different business ideas and opportunities.
  • We don't sell much advertising. In late 2013, I realized that by selling advertising, what I was really selling was my readers. In 2014, I've already radically cut down on the number of ads and will hopefully keep cutting.

Oil 3


U.S. oil production is undergoing a renaissance, driven by the same technologies — hydraulic fracturing chief among them — that upended the gas industry. Domestic production is up some 20% since 2008. To put that into perspective, production had fallen by more than a third in the prior 20 years, and most experts figured the downward plunge was irreversible (see chart above).

The impact on imports is even more dramatic. Five years ago, the U.S. was importing 60% of its oil, a figure that had been rising since the early 1980s. Today, the U.S. imports just over 40% of its oil, the smallest share in 20 years.

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Originally posted by Dane Carlson on October 20, 2013 in Ideas.


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