Posted on 03/18/2013 10:15:24 PM PDT by Ernest_at_the_Beach
Jim Seida / NBC News
A worker walks from a 161-foot-tall oil rig to retrieve a tool from a nearby shed outside Garden City in West Texas. When this picture was made on March 3, there were 1,752 rigs exploring for oil and natural gas in the US; 835 of them were in Texas. (Jim Seida / NBC News)
Randy Foutch calls it a renaissance, but when you listen to the veteran Texas oilman and others describe Americas nascent energy boom, it sounds more like a miracle.
Politicians have been warning for decades that the U.S. must wean itself from foreign energy, but just a few years ago their words seemed like so much wishful thinking: The U.S. was facing what seemed like ever-rising oil prices and was importing about 60 percent of its supply. Natural gas inventories were shrinking, and the country was considering importing a liquified form from the Middle East.
NBC News
America's drive toward energy independence
(Excerpt) Read more at nbcnews.com ...
Is this from Government sources....that would explain it.
Believe it or not, the best source of oil/gas production data for states is government data.
http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbbl_m.htm
No one else has the cumulative data from across different companies. The government requires the data to get the permits to drill and operate.
Posted it:
Joel Kotkin: Will Obama play his aces?
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