WhatFinger

Oil Production in the States

Crude Oil Production from Shale Formations Jumps in 2011


Oil production in the United States is increasing led by states such as Texas and North Dakota. The oil production increases in Texas and North Dakota are driven by shale oil and if some analysts from Citi are to be believed, these increases are just the beginning. They believe that total petroleum liquids production could double in the next 8 years in large part because of shale plays on private and state lands.
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