GREY:LSTMF - Post by User
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peplareon Feb 09, 2015 7:47pm
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RE:RE:RE:Oil glut the us a wash in oil
RE:RE:RE:Oil glut the us a wash in oilIt might all so suprise you to know oil worker that the highest oil production in a day from the US was 9.6 million bbl/d in the 1970 s.
And that figure is expected to grow. The agency forecasts total crude production will average 9.3 million barrels per day in 2015 and climb to 9.5 million in 2016, “which would be the second-highest annual average level of production in U.S. history; the highest was 9.6 million bbl/d in 1970,” the EIA said in its short-term energy outlook released last week.