WASHINGTON—U.S. crude-oil production reached its highest level in nearly 15 years in September, thanks in large part to the drilling method known as hydraulic fracturing, the U.S. Energy Information Administration said Tuesday.
Daily production averaged nearly 6.5 million barrels, the EIA said, an increase of 16%, or about 900,000 barrels, over September 2011.
The statistics reflect the growing role of the U.S. as a dominant energy producer. Last month, the International Energy Agency said the U.S. could overtake Saudi Arabia and Russia to become the world's largest oil producer by 2020.
The EIA is slated to come out this week with an early draft of its annual report, which includes an assessment of U.S. production trends
The last time monthly U.S. production reached 6.5 million barrels a day ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
http://online.wsj.com/article/SB10001424127887323717004578159624213068966.html
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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