Executives who responded to the 11th District Federal Reserve Bank survey indicated there was a modest increase in oil production while natural gas production “saw only minimal gains.” The second quarter marked the strongest reading since the second quarter 2022.
The number of employees in the oil and gas extraction industry increased slightly from April to May, data on the U.S. Bureau of Labor Statistics (BLS) website showed.
Curious Minds Corner
What’s the one known carcinogen in gasoline made of just carbon and one other element?
Benzene (C6H6), a ring-shaped hydrocarbon that makes up 1-2% of gasoline and poses cancer risks.