By February 13, 2018 0 Comments Read More →

Who’s Responsible For Louisiana Being Left Out Of The Shale Oil Revolution?

On Friday I published a piece at The American Spectator on The Triumph Of American Oil, noting that oil production in the U.S. has risen to such great heights that by year’s end this country might well be the largest oil supplier on the planet…

This year it’s projected the United States will produce more oil than ever. We’re likely, by the year’s end, to be churning out more than 10 million barrels a day (the Energy Department thinks it’ll be as much as 11 million barrels a day) — which could put us in a position to surpass the Saudis as the second-largest oil producer on earth. The Russians still lead the world, for now, in that number, at about 10.9 million barrels a day.

In 2010, U.S. oil production was 5.5 million barrels a day…

 

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