The Big Picture on US Oil Production — It’s HUGE!

by Sean Brodrick on June 13, 2013

Via the Carpe Diem blog and Business Insider, here is a chart of the change in annual US crude oil production …

oil production big picture

In 2012, the U.S. experienced the largest one-year gain in oil production in its history, rising 14% to 8.9 million barrels per day.

For the latest headlines from the BP Annual Statistical Energy Review, CLICK HERE. Other highlights include …

  • Coal remained the fastest-growing fossil fuel, increasing 2.5%.
  • Nuclear power output saw the largest decline ever.
  • Energy consumption growth slowed to a below-average 1.8%. This was partly the result of the economic slowdown but also due to improving efficiency and greater fuel economy.

{ 4 comments… read them below or add one }

Gary July 8, 2013 at 2:48 pm

if we are doing so good, why is it still over $3 a gal.?

in 2008, gas was around $1.80 and supposedly we are producing more now.

something smells……

Reply

Steve July 26, 2013 at 6:03 pm

Yea Gary, it’s called the debauching of the US dollar. Washington’s hidden tax.

Reply

Dee Jakobsen September 6, 2013 at 2:40 pm

Where is Sean?
C

Reply

dpennington September 11, 2013 at 11:39 am

Hi Dee — Sean moved on to another opportunity. We wish him all the best and we hope you’ll keep reading our newest additions to the Uncommon Wisdom Daily team, James DiGeorgia and Geoff Garbacz. Cheers!

Reply

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