What’s happening with the US and China’s oil and gas boom?

What’s in store for America’s energy sector?

According to Axios, the US is now “deep in a new energy race” as China’s economy continues to expand.

China’s recent growth rate is much higher than the US’s, with its economy growing at 3.5 per cent.

China is expected to overtake the US as the world’s largest oil producer within 10 years.

While China is rapidly growing its economy, it has not yet surpassed the US in terms of global oil and natural gas production.

The US is also a major supplier of oil to Asia.

Axios’ article details a number of changes in the US oil and energy industry.

Axiom Energy said it is now more reliant on “supercritical” production in the field of hydraulic fracturing (fracking), which involves injecting large amounts of water, sand, and chemicals at high pressure to release oil and other natural gas trapped underground.

While this is a method of extracting oil and bitumen, it is not a natural process and will need to be perfected before it can be used in production of oil and oil products.

“Supercritical” fracking has been used in Texas for over 40 years and is now becoming more common.

Axioms technology also includes advanced fluid management and a water-efficient process.

“We are seeing a resurgence in hydraulic fracturing in Texas as well as other parts of the country,” Axiom CEO John Hargis said.

“It is an important part of the development of the state and industry.”

According to Hargise, the company is expanding its production capacity in Texas, as well.

It is now in the process of acquiring oil and refining capacity.

The company is also adding oil storage facilities to its Houston headquarters.

Axio says the company’s fracking technology is also being applied in other areas of the US.

The report points out that there are now more than 200 active companies operating in Texas that are either operating in the oil and/or natural gas sector, or have significant oil and liquefied natural gas (LNG) operations.

According to the report, these include companies such as Texas Energy Services, Texaco Energy, and Texaco LNG.

“The US energy industry is undergoing a major transformation as it shifts away from crude oil and into natural gas,” Hargises said.

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