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A measure of oil and gas sales net of royalties, production and transportation expenses. This is a non-GAAP measure used specifically in the oil and gas industry as a benchmark to compare performance between different areas of operations and different peer companies.
Although shale gas has been produced in the United State for many decades, it was not considered to be a significant resource until the last decade when new
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EIA June 2019 Data: https://www.eia.gov/petroleum/gasdiesel/ U.S crude oil prices are determined by global fundamentals, including supply and demand,
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Internal Revenue Service (IRS) rules for Modified Adjusted Gross Income (MAGI) are used to determine countable income and, in some instances, household size.
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