Business-Friendly, Energy-Friendly Policies Continue to Benefit the United States
Monthly U.S. Crude Oil Production Tops 11 Million Barrels Per Day for First Time Ever BY JOHN GLENNON , scott shields repost, reposted by scott shields, houston, scott shields katy NOV. 01, 2018 Leave a Comment 56 Shares 4 37 4 The Energy Information Administration (EIA) released data today that show monthly U.S. crude oil production surpassed 11 million barrels per day (p/d) for the first time time ever in August. This volume of production is more than double the level of crude oil produced by the U.S. in 2008 and confirms earlier predictions from the EIA that the U.S. would overtake Russia to become the world’s top crude producer this year: “U.S. crude oil production exceeded the Russian Ministry of Energy’s estimated August production of 11.2 million b/d, making the United States the leading crude oil producer in the world .” (emphasis added) Of course, U.S. oil and natural gas producti...