Texas Is Now #8 In The World For Oil Production At 3 Million BOPD -- July 30, 2014

The Dallas Business Journal is reporting:

Texas oil production topped 3 million barrels per day in May, putting the Lone Star state on par with the world’s biggest oil producing countries, according to the Energy Information Administration.

Only Russia, Saudi Arabia, United States, China, Canada, Iran and Iraq produce more oil than Texas, according to international oil production numbers from the EIA. Unlike the national production totals that are from May, the international numbers are from March and include condensate.

This is most interesting:

Texas produced as much oil as the entire continent of Europe, according to the EIA. 

Over at "Big Stories," I have a page, "Europe at a Tipping Point." At that page, the energy news regarding Europe is dismal, and it begins: Europe may be the only continent in the world to depend on imported energy -- EU Council President. When one reads that Texas produces as much oil as the entire continent of Europe that provides a glimpse of how bad things are over there. Remember: France has the huge Paris oil basin; there is all kinds of fossil fuel in eastern Europe; I assume if they wanted, Europe could at least challenge Texas in production. Perhaps, perhaps not.

But Europe has some big decisions to make. The Russian natural gas supply is only one of them.