[dangus]

I wouldn’t wager money, but I would certainly wage a great, big, fat “I told you so.”

Of course, the projection is already looking very wrong. Daily production is up nearly a quarter of a million of barrels per day from just late April when the projection was prepared. So to be fair, I’ll even use the 4-week rolling average (9,447 as measured at http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=wcrfpus2&f=4) and we’ll look at week 5 of August for comparison.

[thackney]

Daily production is up nearly a quarter of a million of barrels per day from just late April when the projection was prepared.

From your link, April ended at 9,382 thousand barrels a day, the latest for the end of May is 9,447 thousand barrels a day.

That is up 65,000 BPD, not 250,000.