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U.S. Daily Oil Production At Highest Level Since 1998


United States oil production is on the rise. In the first quarter of 2012, average domestic crude oil production topped 6 million barrels per day (bbl/day). This is the first time that U.S. quarterly oil production has been above the 6 million bbl/day mark since 1998. According to the U.S. Energy Information Administration, this production [...]

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