Tuesday, July 9, 2013

Chart Of The Week: U.S. Oil Supply Growth Exceeds Growth In Global Demand

7/9/2013

U.S. crude oil production has surged this year. At more than 7 million barrels per day, output is at the highest levels in 21 years. As we've explained before, advancements in technology and higher prices have opened up resources that were inaccessible or uneconomic in the past.

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