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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. 
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.

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