The US energy boom continues

The boom in oil and gas production, along with a shift to alternative sources, continues in the US, yet it doesn't seem that the general public (including myserlf) fully grasps this. 

One more data point to put this in perspective, in December China passed the US to become the worlds largest importer of oil. This was the first time the US did not lead the in this 40 years. In this same month North Dakota, Ohio and Pennslyvania produced 1.5 million barrels a day, more than Iran exported. 

While this hasn't exactly been an obscure story, it's impact is still far from being appreciated. 







PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
« | Main | Sign of the times in Southern Europe »