it's a historic increase in production...might get him chiseled into Mt. Rushmore
The increase in United States production in 2013 exceeded the increase of 836,000 barrels a day in 2012.
The largest increase before that, of 751,000 barrels, was in 1951, according to the United States Energy Information Administration.
In percentage terms, the 15.3 percent
increase in 2013 was the largest since an 18.9 percent gain in 1940.
American oil production fell steadily from the early 1990s through 2008, but has since risen for five consecutive years, largely because of increased production of shale oil.
Not since the late 1960s, when production in Texas was peaking and Alaska oil was beginning to come on stream, has there been such a string of annual increases.
As a result, United States oil production climbed to the highest level since 1989, although it remains well below the record production of 9.6 million barrels a day, set in 1970.
The agency forecast that American production would continue to rise in 2014, adding 782,000 barrels, to 8.3 million barrels a day.
If that forecast proves to be accurate,
United States oil production will have increased 46 percent over the three years from 2011 to 2014. There has not been a three-year increase that large since the years 1921-24, exactly nine decades earlier.
http://www.nytimes.com/2014/01/25/bu...asts.html?_r=0
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