Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

U.S. Oil Production Reaches Historic High

WASHINGTON, (UPI) — Federal leases in the Gulf of Mexico, along with output from Texas and North Dakota, pushed U.S. oil production to its highest level in 14 years, the EIA said.

The U.S. Energy Department’s Energy Information Administration reports that U.S. oil production during the first quarter of 2012 topped 6 million barrels per day for the first time since 1998.

“The roughly 6 percent growth in U.S. oil production from October 2011 through March 2012 is largely the result of increases in oil output in North Dakota, Texas and the Gulf of Mexico,” the agency said in a statement.

The EIA said Texas and North Dakota are the top oil-producing states in the country.

The EIA information follows an effort in the Republican-controlled U.S. House of Representatives to increase access to the National Petroleum Reserve-Alaska and remove federal burdens to onshore oil and gas leases.

Democratic leaders said the effort is in contrast to recent oil production data and trends in the retail energy market.

The EIA indicated U.S. oil production was steady at around 5.5 million bpd for much of 2011.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “U.S. Oil Production Reaches Historic High”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.