Thursday, January 10, 2013

US Weekly Oil Production Hits 7 Million Barrels a Day

Voice of America: The U.S. Department of Energy says U.S. oil production for the week ending January 4 exceeded 7 million barrels a day for the first time in two decades. The report, released Wednesday, said the weekly average output is a 1.16 million barrel increase from the same week last year. The jump is attributed to improved exploration and drilling techniques. The Energy Information Administration -- the statistical arm of the energy department -- predicted in a separate report Tuesday that U.S. crude...

URL: http://blogs.voanews.com/breaking-news/2013/01/09/us-weekly-oil-production-hits-7-million-barrels-a-day/

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