Energy Environmental Blog

U.S. Oil Production To Increase - First Time in Decades

Written by Greg Russell | Sep 2, 2009 9:29:24 AM

The Houston Chronicle is reporting that U.S. crude oil production is expected to increase for the first time in two decades due to new GOM offshore projects and a quiet hurricane season.  Could increase production to 5.22 million barrels per day in 2009.  Very interesting (and encouraging).