More than one-third of U.S. crude oil is produced in Texas and nearly half of the nation's oil production is limited to two states -- Texas and North Dakota, according to data from April 2013 to April 2014 released by the U.S. Energy Information Administration.
Texas has doubled its oil production over the past three years and now accounts for 36 percent of U.S oil production, reports Simone Sebastian for Fuel Fix, a Texas-based energy news outlet owned by Hearst Corp. In April the Lone Star State averaged 3 million barrels of oil a day, nearly as much as Iraq, which produced 3.2 million per day. Iraq's supply fell to 2.9 million barrels per day in June, so if production in Texas continues to rise, which it has every month since 2011, then the next report will show that Texas produces more oil than Iraq. Meanwhile, the oil and gas boom in North Dakota has skyrocketed production in that state, with production growing by 185 percent from April 2011 to April 2014. (Read more)
North Dakota topped a million barrels per day for the first time in April, and the state accounts for 12 percent of U.S. oil production, reports PennEnergy. Texas and North Dakota now produce 48 percent of U.S. oil, up from 26 percent in April 2010, while the Gulf of Mexico's crude oil production dropped to 17 percent of the U.S. total, down from 27 percent in 2010. In April the U.S. produced 8.4 million barrels of oil per day. (Read more) (Fuel Fix graphic)
Texas has doubled its oil production over the past three years and now accounts for 36 percent of U.S oil production, reports Simone Sebastian for Fuel Fix, a Texas-based energy news outlet owned by Hearst Corp. In April the Lone Star State averaged 3 million barrels of oil a day, nearly as much as Iraq, which produced 3.2 million per day. Iraq's supply fell to 2.9 million barrels per day in June, so if production in Texas continues to rise, which it has every month since 2011, then the next report will show that Texas produces more oil than Iraq. Meanwhile, the oil and gas boom in North Dakota has skyrocketed production in that state, with production growing by 185 percent from April 2011 to April 2014. (Read more)
North Dakota topped a million barrels per day for the first time in April, and the state accounts for 12 percent of U.S. oil production, reports PennEnergy. Texas and North Dakota now produce 48 percent of U.S. oil, up from 26 percent in April 2010, while the Gulf of Mexico's crude oil production dropped to 17 percent of the U.S. total, down from 27 percent in 2010. In April the U.S. produced 8.4 million barrels of oil per day. (Read more) (Fuel Fix graphic)
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