Texas closes in on #8 in world oil production

Friday, January 10th, 2014 and is filed under Oil and Gas Fun Facts

Is Texas now #8 in world oil production?At the current rate of increase in crude oil output in Texas, the state is on track to possibly produce almost 3 million barrels of oil per day by the end of 2013, which could move the state all the way up to No. 8 in the world for oil output by December. We are now awaiting results; more coming soon.

Source: AEI Ideas

More Oil & Gas Quick Facts

If you are interested in oil & gas investment opportunities, click here.

Who Were the Top Oil Producing Countries in 2022?

What determines crude oil prices?

Advancing Technology Fuels Production in the Permian

 

© Copyright 2024 Aresco, LP. All rights reserved. | Privacy Policy | Site by A3K Marketing. Admin Log in

See how much you could save for tax year 2024. 

ACCESS TAX DEDUCTION CALCULATOR
close-link