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crude oil production

North Dakota and Texas Now Provide Nearly Half of U.S. Crude Oil Production

July 6, 2014 by U.S. EIA: Today in Energy

State Oil Production

U.S. crude production in April 2014 was 8.4 million barrels per day (bbl/d), with two states, Texas and North Dakota, accounting for nearly half of this total. Texas production topped 3.0 million bbl/d for the first time since the late 1970s, more than doubling production in the past three years.[read more]

Five States and the Gulf of Mexico Produce More than 80% of U.S. Crude Oil

April 8, 2014 by U.S. EIA: Today in Energy

States and Crude Oil Production

Five states and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013. Texas alone provided almost 35%, according to preliminary 2013 data released in EIA's March Petroleum Supply Monthly.[read more]


Should the U.S. Allow Increased Domestic Crude Oil Exports?

April 8, 2013 by John Miller

U.S. domestic crude oil production has increased significantly in recent years. Would exporting some of this new domestically-produced crude oil be in the best interests of the U.S. overall?[read more]

Crude Production Rise: Credit Where Credit’s Due

June 13, 2012 by Mark Green

Vadim Ponomarenko/Shutterstock

Last week the Energy Information Administration (EIA) told us that U.S. crude oil production in the first quarter of the year topped 6 million barrels per day (bbl/d) for the first time in 14 years. EIA’s chart:EIA’s analysis:“Strong growth in U.S. crude oil production since the fourth quarter of 2011 is due mainly to higher output from...[read more]

Canadian Oil Sands Could Lead U.S. Oil Imports This Year

June 23, 2010 by Mike Gregory

Canadian oil sands are a growing source of petroleum, and by the end of this year, they'll probably be the leading source of crude oil imports into the United States, according to a new study by IHS CERA. Canada is already the primary source of crude oil imports into the United States, and the country has been steadily increasing its...[read more]

Why peak oil "doesn’t matter"

November 17, 2009 by Big Gav

The SMH has a beginner's introduction to peak oil, claiming geological limits "don't matter" because economic limits kick in first - Why peak oil doesn’t matter.There’s only one reason why you’d invest in the oil and gas sector; because you’re confident that, over the long term, the price of oil is going to rise.In this piece, and the...[read more]