On February 27th, the U.S. government agency The Energy Information Administration (EIA) announced provisional crude oil production figures for December 2012. The new numbers show U.S. crude oil production topping 7 million barrels per day in both November (following a revision for that month) and December.
The numbers are good (although less so from a climate change perspective), but far from revolutionary. A look at the U.S. data in a global perspective gives rise to considerable concern. Continue reading
