Helping Clients With Their Energy and Environmental Needs

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By Greg Russell

"U.S.: Oil production in 2015 to be highest since 1972" - USA Today.  More?  "U.S. crude oil production, rising steadily since 2008, is likely next year to hit its highest level since 1972 while Iraq’s output, despite unrest there, is expected to hold steady, according to a forecast Tuesday by the U.S. Energy Information Administration. *** Spurred by the use of hydraulic fracturing or fracking in shale rock deposits, U.S. oil production has jumped from 5.0 million barrels per day in 2008 to 7.4 million last year and is expected to average 8.5 million this year and 9.3 million next year, according to the EIA, the analytical arm of the Department of Energy."

For a copy of the EIA forecast, see here (EIA's Short-Term Energy Outlook for July 2014).

Tags: Energy

Helping clients with their energy and environmental needs

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