Blog Illinois Oil Reserve Property Tax Revenue Has Averaged $7.1 Million Per Year Since 2007 Many Illinoisans may not be aware that the state’s active oil production leases are assessed…adminMarch 5, 2025
Blog Illinois Oil Production Increased Slightly in 2024 Illinois year-over-year crude oil production increased slightly in 2024, totaling 7,212,196 barrels, according to data…adminFebruary 7, 2025
Blog Demise of Gasoline-Powered Vehicles Has Been Greatly Exaggerated The chasm between electric vehicle hype and reality was never more profound than during last…adminJanuary 15, 2025
Legacy Illinois Oil Producers Have No Control Over Pump Prices The following was published as a guest column in the Alton Telegraph, Centralia/Mt. Vernon Sentinel,…adminMarch 25, 2022
Legacy Five Reasons Pump Prices Are So High in Illinois Why are pump prices SO high right now – especially here in Illinois? There are…adminMarch 11, 2022
Legacy Illinois Crude Oil Production Totaled Just Under 7.4 Million Barrels in 2021 Illinois crude oil production totaled 7,397,119 barrels in 2021, according to data compiled by the…adminFebruary 18, 2022
Legacy Updated Report: Illinois Oil Reserves Generated $104.5M in Local Property Tax Revenue From 2007-2020 Many Illinoisans may not be aware that the state’s active oil and natural gas production…adminJanuary 25, 2022
Legacy Importance of Affordable, Reliable Energy Cannot Be Overstated Affordable, reliable energy. It’s something we all depend on. And it’s something most Americans have…adminJanuary 20, 2022
Legacy *UPDATE* Strong U.S. Oil and Gas Production Keeps Energy Costs Affordable UPDATE: Jan. 14, 2022 Numerous recent reports show that energy costs increased dramatically in 2021,…adminJanuary 14, 2022
Legacy Fast Fact Sheet: Petroleum Essential to Modern Healthcare Perhaps the most essential use of petroleum is modern healthcare. Here are few examples.adminJanuary 7, 2022
Legacy Even More Reasons We Need Oil Reports that we don’t need oil anymore couldn’t be further from the truth. Here are…adminJanuary 7, 2022
Legacy Fast Fact Sheet: More Reasons We Need Oil Reports that we don’t need oil anymore couldn’t be further from the truth. Here are…adminJanuary 7, 2022
Legacy Fast Fact Sheet: Why We Need Oil Reports that we don’t need oil anymore couldn’t be further from the truth. Here are…adminJanuary 7, 2022
Legacy 5 Fast Facts About Electric Vehicles Reports that electric vehicles will make oil obsolete are greatly exaggerated. Here are a few…adminNovember 4, 2021
Legacy The Most Targeted Oil & Gas ‘Subsidies’ Aren’t Subsidies at All More than 50 lawmakers are pushing for the repeal of oil and natural gas industry…adminSeptember 2, 2021
Legacy We Need More Oil From American Soil – Not From OPEC and Russia It has been said many times before, but – to the delight of Vladimir Putin…adminAugust 19, 2021
Legacy Illinois Oil Production Just Under 3.65 Million Barrels in First Half of 2021 Illinois crude oil production totaled 3,647,520 barrels in the first half of 2021, according to…adminAugust 12, 2021
Legacy Illinois Oil Has Played Big Role in Securing American Freedom and Prosperity The discovery of the Salem oilfield and several other major Illinois Basin discoveries in the…adminJuly 1, 2021
Legacy IEA Report Recommendations Would Destroy US Energy Security if Implemented State-owned national oil companies already produce nearly three-quarters of the world’s oil and control 90…adminJune 3, 2021
Legacy Why Oil & Gas Workers Aren’t Too Keen on the ‘Just Transition’ Narrative With their industry under assault, oil and gas workers are being assured they can simply…adminApril 8, 2021
Legacy Updated Report: Illinois Oil & Gas Reserves Generated $98.6M in Property Tax Revenue From 2007-2019 Note: This blog was updated with 2019 revenue on March 4, 2021. Many Illinoisans may…adminMarch 4, 2021
Legacy Illinois Oil Production Totaled 7.51 Million Barrels in 2020 Illinois crude oil production totaled 7,513,835 barrels in 2020, according to data compiled by…adminFebruary 10, 2021
Legacy Report: Illinois Oil & Gas Industry Represented 3% of State’s Economy in 2020 Most folks probably don’t think of Illinois as a major oil and natural gas industry…adminFebruary 9, 2021