The oil and gas industry in the United States recorded a total capital expenditure (CAPEX) of 142.35 billion U.S. dollars in 2023. This represents an increase of some 38 billion U.S. dollars compared to the previous year. In the period of consideration, the CAPEX on the oil and gas industry in the U.S. oscillated, peaking in 2014 at nearly 200 billion U.S. dollars.
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