By Blythe Campbell
Director of Communications and Marketing
NANA Development
The U.S. Energy Information Administration (EIA) reported U.S. crude oil production for the end of 2012 averaged 7 million barrels per day, the highest since December of 1992. The EIA attributed the milestone to increasing oil production in North Dakota and onshore Texas.
Texas now produces more than 30% of the nation’s crude oil, and North Dakota’s production is nearly 11% of U.S. totals. Alaska’s production is now under 8% of the U.S. total, down from a high of 26% in December of 1989. At that time, Alaska’s production was higher than Texas, at 1.9 million barrels per day and 26% of the U.S. total.
As the chart shows, both Texas and North Dakota have dramatically increased oil production over the last several years as Alaska’s continues to decline.
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