Unless prices of fossil fuels rise significantly, their production is expected to slow

Fracking has led to an increased global oil supply, contributing to lower oil prices

Fracking technology has significantly increased how much crude oil the US produces. As more countries adopt fracking technology, there could be an increased downward pressure on prices—although fracking has been widely criticized for its negative environmental impacts.

Federal subsidies have boosted US fracking profits

Between 2000 and 2020, the US government invested tens of billions of dollars to facilitate the extraction of shale oil and gas reserves. These subsidies helped make new projects viable and kept fossil fuel companies afloat while global energy prices and renewable energy startup costs have fallen.

Oil markets are seeing higher costs and lower prices amid tech breakthroughs

Experts say oil demand has not yet reached its peak. Recent technological breakthroughs in the oil industry include advances in drilling and extraction, as well as subsurface technologies.

In 2019, the US became a net energy exporter thanks to the fracking boom

The US began exporting more energy than it consumed that year, making it a net energy exporter. Energy imports have decreased every year since 2007, as improved technology has increased the number of accessible domestic oil and natural gas reserves.

Oil prices have been volatile for decades

This explainer shows oil’s rollercoaster: OPEC-led embargoes in the 1970s, shale surges in the 2000s, and the US flip to becoming a net oil exporter in 2020.

Explore a timeline of US dependence on crude oil from 1850 to 2023

Oil dependence began with the rise of oil as a commodity, followed by an era of geopolitical competition for the resource after World War II. The domestic fracking boom, which started around 2006, was driven by a desire to reduce the nation's dependence on international adversaries for energy.

About 10% of the world's crude oil and 32% of its natural gas is reached via fracking

Most of the world's shale oil resources—which are recoverable via fracking—are found in Russia, the US, China, Argentina, and Libya. The majority of equivalent shale gas resources are found in China, Argentina, Algeria, the US, Canada, and Mexico.

As of 2022, the US accounted for nearly one-fifth of global oil production

By 2022, the US had cemented its position as the world’s top oil producer with close to 18 million barrels per day. This eclipsed Saudi Arabia and Russia.

How disruptions in oil markets can drive up the price of everyday goods

Most types of plastic are made from polymers derived from chemicals produced by the processing and refining of crude oil and natural gas. Spikes in the cost of either fossil fuel raise the cost of wrappings, tubs, and other plastic containers for products.

Oil and natural gas from fracking is considered unconventional

This method forcibly extracts fossil fuels from tightly packed rocks, where they form from organic matter that has undergone extreme heat and pressure. Conventional drilling, on the other hand, waits for the oil and gas to escape from shale and accumulate in more porous and permeable rocks, such as limestone.

The number of annual oil spills has dropped dramatically since the 1970s

Oil spills from oil tankers—which can have a sharp, short-term impact on oil prices—have become increasingly rare over the decades in part because of stricter regulations.

The world derives more of its energy from oil than from any other resource

Coal and gas are second and third, respectively, in terms of where the bulk of the world’s energy consumption stems from. These interactive charts can help you visualize where the world sources the most of its energy.

Why stories about helium 'running out' indicate market volatility rather than scarcity

Only a few locations on Earth contain natural gas reserves with sufficiently high helium concentrations to make their extraction commercially viable, and geopolitical conflicts in these areas significantly affect helium production. This makes cost a major impediment to helium availability, particularly for scientific research, amid growing demand and ongoing depletion of reserves that took billions of years to form.

Like nuclear power, US geothermal power plant construction stalled for decades

Development and investment into geothermal energy took off in the 1960s. However, by the 1980s, companies repeatedly failed to find reservoirs of hot water when exploring new locations, and investors lost interest in the expensive drilling required. By the 2020s, technological advancements had finally helped mitigate exploration risk and expand viable drilling locations.

1970s U.S. energy crisis sparked waves of green innovation

Faced with the 1973 Arab oil embargo, the U.S. responded with bold innovation—enacting a 55 mph speed limit, pioneering daylight saving time, boosting solar research, expanding nuclear power, and pushing energy-efficient building designs and automotive technologies

Jet fuel is expensive—which is one reason why it's tough to make an airline profitable

Jet fuel is typically a commercial airline's second-largest expense, second only to labor. Oil prices can be volatile—there have been recent significant increases in jet fuel prices given the 2026 Iran conflict, for instance.

The price of gas is a composite made up of several different factors, with the federal gas tax making up less than 20% of what drivers pay at the pump.

The widespread need for rechargeable batteries has fueled surging lithium demand

As of 2025, the average person uses 27 times more mined lithium than they did in the 1990s, with the US ranking second globally in consumption despite producing less than 1% of global supply. However, potential alternative materials and boom-and-bust cycles have challenged the profitability of mines and future demand for the mineral.

Prices can still feel high even if inflation is slowing

This is partly because a recent spike in inflation raised prices permanently, so even though the pace of price growth has slowed, prices have still gone up for good.

Large oil companies knew about the impact of carbon emissions since the ’70s

PBS Frontline’s The Power of Big Oil reveals how industry giants like Exxon and Shell were researching climate change in the 1970s but then funded denial campaigns—using internal science to sow public doubt for decades.

High fuel prices and fuel shortages revived dormant interest in EVs

Electric vehicles, in the form of motorized carriages, predate the invention of the gas-powered automobile by over 40 years. The latter's affordability made it more popular until technological advances made EVs more viable to consumers in the early 2000s.

Cryptocurrency and data center growth are expected to increase greenhouse gas emissions

An analysis from the Open Energy Outlook Initiative estimates a 30% increase in emissions through 2030, as growing energy demands in regions where data centers are being built (20%-30%) far exceed the traditional growth rate of utilities in those areas (1%-2%). The emissions spike is expected to equal France's annual carbon output.

Across a 20-year period, methane has more than 80 times the warming potential of CO₂

However, this greenhouse gas lasts only about 12 years in the atmosphere, much less than the centuries or more that carbon dioxide can persist. Methane is produced primarily during the production, storage, and transmission of coal, natural gas, and oil, as well as from the digestive processes of domestic livestock.

How much do you pay in gas taxes?

The average national price jumped from $3.02 to $4.12 per gallon between March and April in 2026, but state prices range widely, from $3.66 in Texas to $5.79 in California, driven by differences in taxes, proximity to supply, and local competition.

From 1990 to 2020, wind turbine height and blade length have more than tripled

Wind turbines' energy generation capacity—or maximum power rating—also increased by 375% from 1998 to 2023. As of that year, wind turbines can produce more energy per dollar than solar panels, though transportation and installation challenges remain.

Why coffee prices have reached record highs in 2026

Coffee beans reached $9.46 per pound in February 2026, according to the Bureau of Labor Statistics, the highest price since the Bureau began tracking the price in 1980. Experts blame bad weather in Brazil and Vietnam (the world's largest producers) and heightened US tariffs.

Some renewable energy sources may weaken the resiliency of electric grids by removing outage buffers provided by coal- and natural gas-fired plants, which provide the system with more time to find a new power source if a plant goes down.

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

US housing costs have risen by roughly 175% between 1991 and 2026—but a growing number of Gen Zers are becoming homeowners anyway. In 2025, 4% of homebuyers were Gen Z, up from 3% the year before.

How fusion—which releases energy when two lighter atoms combine to form a heavier atom—differs from fission

While the first exchange-traded fund (a 'basket' of different assets that can be bought and sold on a stock exchange) in the US only launched in 1993, the global ETF market has grown to more than $10T in the short time since.

SpaceX's S-1 or 'prospectus' revealed many previously unknown details about the company, including its unprofitability despite doing $18.7B in revenue in 2025, exactly how many voting shares Elon Musk will have in the company (roughly 85%), and more.

Fireworks-related ER visits are on the rise—in 2024, they increased by 52% as compared to the prior year.

Scientists testing how climate change affects plants found, in a years-long simulation study, that poison ivy grew 70% faster with the resulting extra carbon dioxide.

The United States has had a tumultuous relationship with Cuba since its 1959 revolution, highlighted by a nuclear crisis and a decades-long trade embargo.

Louisiana's 'Cancer Alley' is infamous for having some of the highest industrial pollution, toxic air emissions, and cancer risks in the US.

The power and influence of the American presidency have expanded significantly over time—far beyond what the founders envisioned.

About 2,000 US babies are born annually without some portion of their limbs, potentially leading to a lifetime of pricey prosthetics.

Dozens of S&P 500 stocks, including Coca-Cola and Walmart—known as the dividend aristocrats—have increased dividends every year for 25 years

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

Massive blooms of microscopic plankton called dinoflagellates produce the neon blue light seen in glowing tides.

Indefinite cloning of some endangered species may not sustain their longevity because cloning success rates decrease as genetic mutations accumulate.

Volcanic activity may have triggered the Black Death by spewing gases that led to crop failures in Europe, thus forcing the import of grain ships with plague-infested fleas.

As of 2025, the most cited papers in science include a review of graphene, methods to improve image recognition, streamlining electron density calculations, and optimizing protein studies.

Jimmy Carter signed a 1978 bill that legalized home brewing, a move credited with kick-starting the craft beer industry.

Experimental hantavirus vaccines and therapies, still under development, have long been funded by the US military.

The boiling temperature of water decreases with increasing elevation because the molecules need less energy to overcome the lower atmospheric pressure associated with thinner air.

Domino's Pizza's 30-minute delivery guarantee was responsible for the chain's 1980s surge, but it was discontinued after the company was found liable for delivery driver accidents.

The Russia-Ukraine conflict is the largest ground war in Europe since World War II in casualties, forces mobilized, and displacement of civilians.

The word 'jazz' evolved from 'jasm,' 19th-century American slang for 'energy'