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EIA: Shale plays help U.S. reach two-decade high oil production

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This topic contains 1 reply, has 2 voices, and was last updated by  Anonymous 7 years, 8 months ago.

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  • #1727

    Anonymous

    Average daily crude oil production in the United States hit a 20-year high during November and December 2012, according to the U.S. Energy Information Administration (EIA).
    Increased output from North Dakota and Texas pushed daily production to more than 7 million barrels per day, the highest mark since December 1992.
    Most of the nation’s oil-and-gas boom is occurring on private and state lands, giving places like North Dakota an economic boost.
    Industry groups and congressional Republicans want President Obama to open more federal lands to oil-and-gas development. They say doing so would enhance federal revenues while also spurring economic activity.

    Read more at:
    http://thehill.com/blogs/…tion-hits-20-year-high

  • #4519

    Anonymous

    That’s way the bestest answer so far!

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