U.S. on pace to break 40-year oil production record

U.S. on pace to break 40-year oil production record
Washington (UPI) Jul 9, 2013 - Expectations about total U.S. crude oil production for next year are the highest they've been in more than 40 years, the U.S. Energy Department said. The U.S. Energy Information Administration, the statistical arm of the Energy Department, said in its short-term market report, published Tuesday, total U.S. crude oil production averaged 7.4 million barrels per day last year and should le ... more

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