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November 28, 2012

US Crude Production continues to increase by about 150,000 barrel per day per month since Summer of 2012

US daily crude oil production increased to 6.818 million barrels per day. This was an increase of 108,000 barrels per day from the prior week. This is the most crude oil produced by the US since February, 1994.

This seems to indicate that oil from North Dakota (Bakken) and Texas (Eagle Ford) has likely increased by 200,000 to 300,000 barrels per day since the September, 2012 state level oil reports.

US Total daily oil liquids production is 11.17 million barrels per day.







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