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About Oil And Gas
Oil And Gas Investment
The oil and gas industry has brought in over a trillion U.S. dollars in annual profits for much of the past decade. Despite a decrease in 2020 when the coronavirus pandemic reduced fuel demand, oil & gas profits have remained high. A peak of over 2.5 trillion U.S. dollars was reported in 2008, 2011 and 2012. The figures reflect profits less costs of production and translate into 2.8 billion U.S. dollars of daily profits over the past 50 years.