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Stock impact report

Occidental CEO Warns US Is at Risk of Losing Energy Independence [Yahoo! Finance]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll “It's going to start to roll over, and when that happens, that's when the US is at risk for losing our energy independence,” Chief Executive Officer Vicki Hollub said in a presentation at Hart Energy's Executive Oil Conference in Midland, Texas, on Thursday. “That could come in the next five years that we start to see that plateauing happen.” The US is pumping more than 13 million barrels a day, exceeding every other nation and up almost 45% in just a decade. The global oil market is closely watching to see if American explorers can drill enough new wells to offset the natural decline in aging shale discoveries. Holllub said President-elect Donald Trump u Show less Read more
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