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Sunday, 11/02/2014 3:48:04 PM

Sunday, November 02, 2014 3:48:04 PM

Post# of 24655
LHPT ~ The U.S. Energy Information Association (EIA) in its 2013 Energy Outlook states that energy demand in the U.S. will continue to grow unabated. The EIA states that U.S. production of crude oil has increased each year for the past few years, increasing from 5 million barrels per day in 2008 to over 5.5 million barrels per day in 2011, and increases will continue. “Over the next 10 years, continued development of tight oil, in combination with the ongoing development of offshore resources in the Gulf of Mexico, pushes domestic crude oil production higher,” states the report.

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