Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

The United States of Oil

By John Lippert - 2013-04-02T12:33:57Z

Photograph by Spencer Lowell/Bloomberg Markets

Company Symbol % Change
1 of 13

Energy Upheaval

Vast reservoirs of once-untappable petroleum are poised to hasten America's fossil-fuel renaissance thanks to a technique known as carbon dioxide-enhanced oil recovery. Here's a look at the process.

Left, a Denbury Resources Inc. crew drills for carbon dioxide that's trapped 17,000 feet underground in an extinct volcano near Jackson, Mississippi. The company puts some of the CO2 into a pipeline and ships it to its Hastings field south of Houston. There, Denbury injects the CO2 into 82-year-old conventional wells from which output has been declining since the 1970s. The CO2 sparks a chemical reaction that swells the remaining oil, makes it less sticky and helps it flow. This process, called carbon dioxide-enhanced oil recovery, or CO2 EOR, may help cut U.S. dependence on oil imports.