2013年8月8日星期四

U.S. crude oil production record high

U.S. Energy Information Agency (EIA) said on Tuesday that the United States in September's average daily production of nearly 650 million barrels,Proppant an increase of 16%, or about 90 million barrels per day, nearly 15 years the highest level. In November, the International Energy Agency (IEA) in 2020 will be more than the United States or Saudi Arabia and Russia to become the world's largest oil producer.
     U.S. last monthly production reached 6.5 million barrels daily is January 1998. EIA said the state is to have the largest increase in Eagle Ford  shale gas  project in Texas, and is located in the center of the Bakken Shale in North Dakota. For decades, North Dakota are below 15 million barrels per day, but production from 2007 began to surge in September reached 72.8 million barrels per day, mainly due to  hydraulic fracturing  mining methods are used.
     U.S. oil industry is booming, there are some limitations, hydraulic fracturing method is mainly dependent on the relatively high price of oil, while Saudi Arabia and other oil producing countries has huge oil reserves of low mining costs. IEA projections after 2020, Saudi Arabia and other OPEC will control a larger share of the global oil market.

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