Five Charts Highlighting US Energy Revolution -- CarpeDiem

CarpeDiem has a nice column today with several graphs putting the US energy revolution in perspective.

Folks should note that this revolution, this huge production is occurring, despite:

• the federal government slow-rolling the industry
• ban on drilling on much of the land controlled by the Feds
• ban on drilling off-shore in many areas
• ban on in drilling in the US Arctic for all intents and purposes
• during a recession

The turnaround is due to successful oil and natural gas exploration and production in a relatively small area of the US.