Zekelman Perspective

Welcome to the Zekelman Industries blog of industry info and news about Zekelman products.

US Oil & Gas Industry by the Numbers

Ask anyone and they'll tell you that the US' oil and gas industry is not only impressive, but it plays a significant role in our economy. While we continue to restore the economy to its once flourishing state, there's no doubt that the influx in oil and gas production, especially over the past decade or so, has directly influenced this revival.

From oil production to natural gas, and the more recent implementation of hydraulic fracking, the figures speak for themselves.

And here's what they're saying, courtesy of a statista infographic:

Infographic: The Oil and Gas Industry in the United States | Statista

For the steel industry, these numbers are promising. As we continue to drill and extract oil, natural gas and shale gas, there will be a demand to maintain, construct and transport said oil and natural gas. And using steel OCTG and line pipe is one option to ensure a safe and compliant transportation over long distances.

What do you think? Will the oil and gas industry continue to help rebuild America’s economy? Share your thoughts in the comments below.

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Comments 2

Guest - Shweta Desai on November 26, 2014

Nice Blog..!!

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Nice Blog..!!
Guest - Aiden on May 15, 2015

The oil industry in America is indeed very important for our economy and it can be tricky since it fluctuates so often. Transporting the oil and gas is a major concern of the industry. It is a dangerous substance to transport, whether it be by truck, train, or pipeline. This is one reason (among many others) why gas prices can vary from place to place.

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The oil industry in America is indeed very important for our economy and it can be tricky since it fluctuates so often. Transporting the oil and gas is a major concern of the industry. It is a dangerous substance to transport, whether it be by truck, train, or pipeline. This is one reason (among many others) why gas prices can vary from place to place.