EIA: Oil production in continental U.S. has fallen sharply since 2015 peak

June 30, 2016 / By Surprise Valley Resources

HOUSTON – Oil production in the nation’s lower 48 states has dropped by 800,000 barrels a day in the 12 months after it peaked, one of the biggest reasons why the world’s oil glut has eased. In April 2015, a dramatic surge in oil drilling and fracking across Texas and North Dakota pushed production outside …
Source: FuelFix