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Thursday, June 13, 2013

This Is What A Record Surge In US Oil Production Looks Like

CHART OF THE DAY: US Household Net Worth Just Hit An All-Time High

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Thursday, June 6, 2013
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This Is What A Record Surge In US Oil Production Looks Like                

Yesterday we presented BP's annual statistical energy review, which showed the U.S. experienced the largest one-year gain in oil production in its history, rising 14% to 8.9 million barrels per day.

Here's what that looks like in chart form, via AEI's Mark Perry. It was a 790,000 barrel a day increase from the year before:


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