Lower 48 gains overshadow Alaska declineEIA says US oil production growth, driven by shale drilling, more than made up for Alaska, Gulf declines in 2011 — ditto for 2012 Kristen Nelson Petroleum News
The U.S. Energy Information Administration said U.S. crude oil production grew by an estimated 90,000 barrels per day last year to 5.57 million bpd, with a 370,000-bpd increase in Lower 48 production partly offset by a 40,000-bpd decline in Alaska and a 240,000-bpd decline in the federal Gulf of Mex....
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WTI averaged $95 in 2011 Record high gas storage
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