Recession. What Recession?

API reports that US gasoline production broke record in March.

If this is the worst recession since the depression, I would hate to see a "good" economy. No one could keep up.

By the way, this article references the Bakken as part of the reason for this record being broken. Very interesting.

Two quotes from the article:

"US refineries produced more gasoline in March -- an average 9.3 million b/d -- than any previous month on record....Gasoline deliveries, which is how API measures demand, averaged 9.2 million b/d, more than any previous March."

"The Bakken formation has been a marvelous change. We've seen North Dakota climb to fourth in the nation in terms of production...US oil production was an average 5.5 million b/d for a second consecutive month in March...the improvement was confined to the Lower 48 states, where production climbed 1.7% to an average 4.8 million b/d from 4.7 million b/d a year earlier.  Production in Alaska declined 3% to an average 688,000 b/d from March 2009"s average 709,000 b/d."