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Domestic oil production at highest in over a decade

GasBuddy Blog -- We continue to hear that oil production would be higher if politicians would allow more offshore drilling. Sure, it would be higher- that's a no brainer- but what the media hasn't really told you is that U.S. domestic oil production this past January was at its highest level since August 1998- nearly 188 million barrels for the first month of 2012.

After hitting a low in September 2008, ahead of the election, and after Wall Street collapsed, production has risen nicely, led by massive gains in North Dakota, where production has risen from 3 million barrels a month to nearly 17 million barrels a month. Wow. That number is huge!

Elsewhere, production has also increased in Oklahoma to nearly 7 million barrels a month from...


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Submitted Apr 22, 2012 By: PD
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REPLIES (newest first)
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matthwbar
Champion Author Toledo

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Message Posted: Apr 23, 2012 10:19:39 AM

Thaks you..GW...!!
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Homito
All-Star Author San Antonio

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Message Posted: Apr 23, 2012 10:19:31 AM

We need alternative energy sources.
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ironbox_sara
Champion Author Albany

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Message Posted: Apr 23, 2012 10:18:18 AM

That explains the low prices at the pump. Oh, how's your CHANGE going???
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bevmill
Champion Author Georgia

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Message Posted: Apr 23, 2012 10:18:00 AM

Okay, let's reflect it at the pump.
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VernonOR
Champion Author Oregon

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Message Posted: Apr 23, 2012 10:16:32 AM

Oil companies greed, speculators, greenies, and the exportation of oil to countries like India and China with a uncontrollable thirst for fuel will assure the price of fuel remain high.
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chicoCA
Champion Author California

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Message Posted: Apr 23, 2012 10:15:19 AM

okay
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cwashi3324
Champion Author Cincinnati

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Message Posted: Apr 23, 2012 10:14:47 AM

Keep the prices low!
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DarthDadJr
Champion Author Virginia

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Message Posted: Apr 23, 2012 10:14:34 AM

This will continue, as long as the price remains high...that is the good and bad that results from high oil prices.
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GManCo
Champion Author Colorado Springs

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Message Posted: Apr 23, 2012 10:13:59 AM

As most won't tell you, the increase has been on private lands. Obozo has curtailed drilling on federal lands.
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CrappieFool
All-Star Author Alabama

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Message Posted: Apr 23, 2012 10:13:09 AM

Where's the beef?
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WebGabe
Champion Author Pennsylvania

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Message Posted: Apr 23, 2012 10:10:17 AM

Hmm...
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tbbMI
Sophomore Author Michigan

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Message Posted: Apr 23, 2012 10:09:54 AM

So if they are producing more, why are the prices going up????
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lightbulbman2008
Champion Author Worcester

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Message Posted: Apr 23, 2012 10:09:35 AM

minimal effect on pump prices...
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MrRush
Sophomore Author Akron

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Message Posted: Apr 23, 2012 10:09:17 AM

Let's keep on reducing our oil consumption as a nation.
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steben11
Veteran Author Montreal

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Message Posted: Apr 23, 2012 10:09:07 AM

good news
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CapNC
Veteran Author North Carolina

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Message Posted: Apr 23, 2012 10:06:52 AM

the increases are due to Bush's work - just now opening up and the increase is on private property not government which nobamma will not permit
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Emmamae1
Champion Author Illinois

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Message Posted: Apr 23, 2012 10:03:35 AM

good news
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peakkeller
Champion Author Colorado Springs

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Message Posted: Apr 23, 2012 10:03:05 AM

ok
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TKAP
Champion Author North Carolina

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Message Posted: Apr 23, 2012 10:02:53 AM

very good news
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zimowski
Champion Author San Jose

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Message Posted: Apr 23, 2012 9:58:06 AM

Didn't we see this article yesterday?
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emernal
Champion Author St. Louis

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Message Posted: Apr 23, 2012 9:57:51 AM

We won't get any long term relief until we are no longer dependent on oil no matter what the price is.
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condé
Champion Author Michigan

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Message Posted: Apr 23, 2012 9:57:26 AM

That is good but lets not cover the idiots butts in DC with this, fact is they are holding the U.S. taxpayer over a hot pot of boiling water ready to drop us in! Slaves they will make us...... we pay they spend.... on nothing but crap!!!!!
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momof5MN
Champion Author Twin Cities

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Message Posted: Apr 23, 2012 9:57:05 AM

And the price at the pump is still too high!
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RedskinGas
Champion Author Tennessee

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Message Posted: Apr 23, 2012 9:56:30 AM

Where has this person been? Both Obama and his media buddies have been telling us this for a month or more.
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Skipper52
Champion Author Massachusetts

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Message Posted: Apr 23, 2012 9:56:30 AM

Doesn't help pump prices.
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PhilnTX
All-Star Author Dallas

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Message Posted: Apr 23, 2012 9:56:29 AM

Got two wells making oil and gas on our land.
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cardjcsk
Champion Author Toronto

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Message Posted: Apr 23, 2012 9:56:05 AM

But still high at the pumps
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Don20
Champion Author Oklahoma City

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Message Posted: Apr 23, 2012 9:55:12 AM

Yesterdays news.... Lets keep the production here and lower the pump price just a tad...
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egd
Champion Author Twin Cities

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Message Posted: Apr 23, 2012 9:54:56 AM

export the refined products the profits are greater in the global market
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hibsaw
Champion Author Mississippi

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Message Posted: Apr 23, 2012 9:53:58 AM

Keep those drill bits turning. Eventually we will get some relief.
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bart_reed
Champion Author Los Angeles

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Message Posted: Apr 23, 2012 9:53:50 AM

Production is up and it shows that this has nothing to do with retail prices.
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GatorGuy
Champion Author Columbia

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Message Posted: Apr 23, 2012 9:53:18 AM

It's not oil production I'm worried about, it's gas production. We're exporting oil and our gas prices are high.
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mnorthwood13
Champion Author Michigan

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Message Posted: Apr 23, 2012 9:52:49 AM

We could increase these totals still...
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wildddkattt80
Champion Author Phoenix

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Message Posted: Apr 23, 2012 9:52:37 AM

I have posted a comment about that here so many times already. I don't know where some of these people get their news. Is it from another article they read?
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Blazer197
Champion Author New Haven

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Message Posted: Apr 23, 2012 9:52:32 AM

THEN WHY ARE THE PRICES SO DAMM HIGH??? THE OBUMMERMAN IS TO BLAME
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eddyp94
Champion Author Ontario

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Message Posted: Apr 23, 2012 9:52:17 AM

Still won't help lower oil prices...
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mysub
Champion Author Las Vegas

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Message Posted: Apr 23, 2012 9:51:55 AM

mikesr100, right on. I wish these people would tell the whole story instead of always sticking up for obama when he proves he's an idiot.
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MrLuigi
Champion Author Massachusetts

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Message Posted: Apr 23, 2012 9:51:01 AM

certainly isn't helping out us consumers, that much is for sure
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yakstar
Champion Author Montreal

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Message Posted: Apr 23, 2012 9:50:32 AM

self-sufficiency is just around the corner!
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chyguy3
Champion Author Wyoming

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Message Posted: Apr 23, 2012 9:49:41 AM

And as we all know, Prez. B.O. has taken credit for this, even though he has also said ihe won't approve new leases or open up the Gulf coast, ANWR, left coast, etc., because it would be YEARS before we saw any benefit or oil coming from these fields. So now, after all the years of permit, licensing, EPA studies, surveying, etc, now he claims credit for all the oil coming (whose process got started with W) as something he's done. Way to cheat on the exam Mr. Prez!!!!
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BWALL2700
Champion Author Illinois

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Message Posted: Apr 23, 2012 9:49:33 AM

It doesn't matter. Gas prices still to high. More oil means more export for more profit. No help at the pump.
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ttfn5tigger
Champion Author Indianapolis

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Message Posted: Apr 23, 2012 9:48:21 AM

The news has had numerous articles about the ND oil production and the towns that have popped up around the drilling.
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mikesr100
Champion Author Sacramento

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Message Posted: Apr 23, 2012 9:45:11 AM

That's only half the story because my car can't run on Oil! The Obama government and State governments keeps forcing refineries to close!
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Diesel_Ram
Champion Author Dallas

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Message Posted: Apr 23, 2012 9:45:09 AM

Good, as it should be.
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Amanstrom
Champion Author Los Angeles

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Message Posted: Apr 23, 2012 9:44:44 AM

Interesting
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snappytom2
Champion Author Corpus Christi

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Message Posted: Apr 23, 2012 9:44:24 AM

Complaining about domestic oil production is only another way for the racist conservatives to bellow about the fact that they don't like the fact that the Americans did not choose a white guy to sit in the White House. Oil is dark and they love oil. Obama is dark and they hate Obama. The conservative republicans would have us pick a white flip flopper who likes to fire people, knows that corporations are people, who supports the war on women, who thinks that illegals should deport themselves, who wants lower taxes on the rich, who supportd the Ryan budget for disaster and will say anything at any time just to fit in and will deny that he ever said it when confronted on what he did say.
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Rancher23
Champion Author Cincinnati

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Message Posted: Apr 23, 2012 9:43:27 AM

Whatever !!!!
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dlzastera
Champion Author Minnesota

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Message Posted: Apr 23, 2012 9:43:09 AM

Thanks to private land in North Dakota.
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Topless2012
Champion Author Twin Cities

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Message Posted: Apr 23, 2012 9:41:56 AM

Writers must be on break. This is old.
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Jamer
Champion Author Las Vegas

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Message Posted: Apr 23, 2012 9:40:23 AM

Very old news.
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Car54BC08
Champion Author British Columbia

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Message Posted: Apr 23, 2012 9:40:14 AM

This is another repeat
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indrix
All-Star Author Toronto

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Message Posted: Apr 23, 2012 9:39:31 AM

old news
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