RE:RE:EIA Monthly Data Shows A Dip In U.S. Oil ProductionNo, let's keep beating that poor old horse. The weekly "data" from eia shows USA production is up more recently. But weekly data are
estimates. The monthly, actual statistics, from the same folks at eia, takes months to compile accurately. The most recent actual accurate datapoint is for end of February. And it shows a decline from November. So, you are both right, or, you are both wrong but clearly the snide smartarse comments directed at you were wrong. Birds aren't real. Long live Elvis.
navajojoe wrote: "The weekly data that is more frequently followed due to the timely nature of the data releases does show a downtrend in January and February, but not by nearly as much"
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And since then production has increased to 11.9 MMbbls/day. The "weekly data" is from the EIA link I provided, not some third-party opinion piece.
So can we stop with the misinforamtion now?