For Investors Only: North American Production

Link here.

The graphs at the link are striking, particularly production graphs for Norway (I was not aware of this trend) and Mexico (I was not aware it was that steep).

Canadian oil production has been surging for years. American production is undergoing a renaissance. As prices rise due to falling production elsewhere in the world, rising demand, and any consequences of the Iran situation, companies operating in the United States and Canada — especially in rich new shale finds — will be the main beneficiaries.

Companies like Northern Oil and Gas, Oasis Petroleum, Continental Resources, Whiting Petroleum, Petrobakken, and more are already showing how the strength of new North American oil production is translating into financial wealth.

And, most importantly, take a look at the US production graph. A visitor from Mars would have trouble explaining why the Libyan graph looks a lot like the US graph.