US Crude Oil Production Record Is Absolutely Staggering -- Doubled In Ten Years -- January 31, 2018

Earlier it was reported that US crude oil production hit 10 million bopd in November, 2017, (most current data available) for the first time since 1970. EIA data here.

There's a great interactive chart at this post that compares exactly onshore vs offshore US crude oil production.

In addition: look at these stats:

• the production in November, 2017, was 13.1% greater year-over-year (2017 compared to 2016)
• production in November, 2017, was 42.8% greater than 2012, when the Bakken was hitting its stride
• production in November, 2017, almost exactly doubled (99.4%) US production in November, 2007, the year of the "discovery" well in the Bakken

Memo to self: send note to Jane ("it's all hype") Nielson -- https://theamericanwestatrisk.wordpress.com/2010/06/25/bakken-oil-hype/.

The interesting thing is that when Barack Obama said this, he was removing Federal land from oil exploration. A "drill, baby, drill" strategy off-shore and on Federal land would have probably been as successful as the shale revolution had the former not been stopped dead in its tracks.