The US hit an all-time crude oil production record.
That record was touched on briefly yesterday by some news outlet. I looked for it this morning, but couldn't find it. A google search was not helpful (see below).
From the EIA:
The google hits:
It should be noted that back in the 1950s US crude oil production hit a peak and began its decades-long descent. The EIA graph only goes back to 1980 (or thereabouts) when US crude oil production was at another peak before it fell to its low in 2005 - 2008. And now US crude oil production is surging.
I guess that's another nail in the coffin of the Hubbert Peak Oil Theory.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.