Thursday, July 10, 2014

Energy Quote of the Day: ‘Texas & North Dakota Now Account for Almost Half of Total US Oil Production’

Energy Quote of the Day: ‘Texas & North Dakota Now Account for Almost Half of Total US Oil Production’

By Jared Anderson
Prices Help Drive Increase of Midwest Oil Exploration
The EIA’s latest Short-term Energy Outlook is out and US crude oil output continues to soar, while natural gas prices are expected to climb back toward the $5 per million BTU level this year, before slightly pulling back in 2015. EIA Administrator Adam Sieminski highlighted just how prolific US crude oil production has been in

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