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November 01, 2012

US Daily Crude Oil Production at 6.67 million bpd up 13% from 2011 and Texas daily oil over 2 million bpd

US daily oil production was 6.67 million barrels per day for the week of Oct 26 which was up 59,000 barrels per day. The US is averaging 500,000 barrels per day more in 2012 than in 2011. The four week average is up 12.9% from the same period in 2011. This is the highest daily US crude oil production level since 1994.

The daily US all oil liquid production (including natural gas liquids and ethanol) is at 10.97 million barrels per day.



The EIA shows Texas oil production is over 2 million barrels per day in August. Texas was last at this level in 1988.




Monthly Texas Oil production in thousands of barrels per day

In 1988, the first run of the CBS TV series Dallas was in its tenth and eleventh seasons and still rated in the top thirty shows.

In the Season Ten premiere, Bobby's death and all of Season Nine would be revealed as a dream that Pam was having.

Season Ten cliffhanger: The Ewings suffer a devastating loss as Ewing Oil is closed down by the US State Department as punishment for J.R.'s shady dealings which caused an international incident. Pam, on her way home to Bobby from the doctor's office after finding out she can finally conceive a baby, crashes into a fuel tanker which then explodes.

Season Eleven cliffhanger: J.R. and Sue Ellen's new beau Nicholas Pearce fight in J.R.'s penthouse hotel suite, and during the course of the fight Pearce goes over the balcony and falls to his death. Shocked by what she has just seen and believing that J.R. has killed her lover, Sue Ellen then picks up a gun from the floor and shoots J.R. three times. She then picks up the phone and tells the police she would like to report a double murder.

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