EIA: Shale Oil Production Tripled from 2008 to 2010
There’s oil in them thar shales. After more than two decades of steady declines, U.S. oil production rose the last two years, led by deepwater drilling in the Gulf of Mexico and horizontal fracking, the Energy Information Administration (EIA) reported this week. The daily oil output rose about 100,000 barrels between 2009 and 2010, with […]