The updated EIA report revealed a 12 percent decline in production for coal, oil, and natural gas on federal and Indian lands from fiscal 2003 through fiscal 2011.The EIA is now reporting that the decline has set a 10-year low through fiscal year 2012.
Sunday, July 14, 2013
Oops! They've Done It Again; The Permitorium Continues
Last year, in March, 2012, it was reported that production of oil, gas, and coal on federal lands sunk to a nine-year low -- the graph was quite impressive. This was not a small decline.
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