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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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spotterjoe
Rookie Author Nevada

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Message Posted: Apr 29, 2012 11:31:09 AM

When the oil companies see more products overseas than in the US, what do you expect? The biggest export in 2011 was distilled petroleum!
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honda0105
Champion Author Tallahassee

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Message Posted: Apr 25, 2012 3:02:12 AM

bkosher: nothing to prove. It's Patrick deHaan's blog, one of the GasBuddy Gods.
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mamabeck
Champion Author Florida

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Message Posted: Apr 24, 2012 2:29:15 PM

Other than finding out what states produce the most oil per month, this article makes NO sense at all and provides no useful information that hasn't been written about every day somewhere by someone. So what is it to prove??
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tex333
All-Star Author Fort Worth

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Message Posted: Apr 24, 2012 11:57:17 AM

I don't get the point of this article.
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puinsai808
Champion Author Honolulu

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Message Posted: Apr 24, 2012 7:49:51 AM

Demand has increased more than production. It's supply vs demand. This article sounds like Nobama rhetoric.

[Edited by: puinsai808 at 4/24/2012 10:50:31 AM EST]
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honda0105
Champion Author Tallahassee

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Message Posted: Apr 24, 2012 3:02:38 AM

another Patrick deHaan op ed piece.
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HiGramma
Champion Author Michigan

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Message Posted: Apr 23, 2012 8:10:06 PM

How much of that oil supplies the domestic market? How much is sold on the global market?

There's a lot more to gas prices than domestic production. I appreciate the work GasBuddy analysts do in getting the info out to the public.
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tjc09f
Veteran Author Tallahassee

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Message Posted: Apr 23, 2012 7:16:37 PM

Cool
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dave27johnson
Champion Author Chicago

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Message Posted: Apr 23, 2012 4:27:07 PM

More is better.
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Hop1LA
Champion Author Baton Rouge

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Message Posted: Apr 23, 2012 11:31:47 AM

Yesterday's news
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Marson
Champion Author Scranton

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Message Posted: Apr 23, 2012 11:14:02 AM

Good news.
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sparky808
Champion Author Honolulu

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Message Posted: Apr 23, 2012 10:41:01 AM

Demand has increased more than production (supply).
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Alfied
Champion Author Riverside

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Message Posted: Apr 23, 2012 10:03:59 AM

Keep it coming.
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RobertSpratt
Champion Author Virginia Beach

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Message Posted: Apr 23, 2012 9:43:10 AM

We sell most of overseas
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RobertSpratt
Champion Author Virginia Beach

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Message Posted: Apr 23, 2012 9:41:17 AM

It has not helped the cost of fuel.
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gas_too_high
Champion Author Columbus

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Message Posted: Apr 23, 2012 9:40:54 AM

That's a good start. Now if we had ANWR and most coastal waters opened up, combined with relative drop in demand, and throw in approving the Keystone XL pipeline from Canada, we might actually have energy independence from unreliable and potentially hostile foreign sources of crude oil.

President Obama, opportunity is knocking. Will you open the door?

GTH
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fowlcan
Champion Author Oklahoma City

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Message Posted: Apr 23, 2012 9:37:01 AM

We have it Drill it!
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amayne11
Champion Author Vancouver

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

Sounds good
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northernboyMI
All-Star Author Detroit

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Message Posted: Apr 23, 2012 9:21:22 AM

yet gas at the pump is still to high... go figure
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roadrunnin
Champion Author Richmond

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Message Posted: Apr 23, 2012 9:07:12 AM

Great, so we're drilling, but still getting shafted at the pump with all the fuel exports.
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CISA
Champion Author Orange County

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Message Posted: Apr 23, 2012 9:04:00 AM

Thank you, ND and your private land owners!

If oil production were up to EurObama it would be DOWN!
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TXGasPriceSpy
Champion Author Fort Worth

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Message Posted: Apr 23, 2012 9:00:27 AM

We all know that big oil could really care less about the American consumer except for our money.
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afghaned
Champion Author Hamilton

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Message Posted: Apr 23, 2012 8:56:00 AM

stop exporting the gas & maybe then the price at the pump would drop.

Naturally, the company is going for the larger profit at the expense of their fellow Amricans!!!
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rjd1608
Champion Author Toledo

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Message Posted: Apr 23, 2012 8:47:51 AM

old news
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RAKARWOWSKI
Champion Author Chicago

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Message Posted: Apr 23, 2012 8:45:30 AM

Domestic oil waste at it's highest also.
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nj2000ng
Champion Author Houston

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Message Posted: Apr 23, 2012 8:44:59 AM

so?
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RichFWA
Champion Author Tacoma

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Message Posted: Apr 23, 2012 8:44:35 AM

Then why are prices so high?
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Cheepo
Champion Author Tampa

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Message Posted: Apr 23, 2012 8:42:13 AM

Just an other lie by barrack hussein!!!!!!!!
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herndonks
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Message Posted: Apr 23, 2012 8:42:09 AM

great
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Tutootin
Champion Author Toronto

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Message Posted: Apr 23, 2012 8:40:22 AM

Yesterday's article posted again!!!!
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Melven
Champion Author Utah

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Message Posted: Apr 23, 2012 8:40:02 AM

news recycled?
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ramshot412
Champion Author Riverside

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Message Posted: Apr 23, 2012 8:38:35 AM

OLD news
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kelly1016
Champion Author Victoria

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Message Posted: Apr 23, 2012 8:37:45 AM

Oil under government lands will still be there for the future. Not every barrel needs to be pumped today.
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sciotosix
Champion Author Dayton

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Message Posted: Apr 23, 2012 8:37:28 AM

Yesterday's news.
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MetroSexual
Champion Author New Hampshire

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Message Posted: Apr 23, 2012 8:36:37 AM

There are over 30% more SUVs and other "light duty" trucks on the road today than there were in 1998 -- all gas guzzlers. We will never see low gas prices again until we make major modifications to what we choose to drive.
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TRAIN RIDER
Champion Author San Bernardino

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Message Posted: Apr 23, 2012 8:36:01 AM

The only oil production we have had under Obama has been on private land. He has not given out one permit on Federal land that all other presidents have done.
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GRUMPY55
Champion Author California

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Message Posted: Apr 23, 2012 8:35:21 AM

Old news
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LongPlay
Champion Author Albuquerque

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Message Posted: Apr 23, 2012 8:31:05 AM

Great news but think where we would be if Obama had not stopped drilling off shore and on federal lands!
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FrankTA2
Champion Author New York

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Message Posted: Apr 23, 2012 8:29:12 AM

Excellent!!!
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bbthegun
Champion Author San Diego

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Message Posted: Apr 23, 2012 8:27:38 AM

The only reason is because of new technologies (e.g. FRACKING!!!) have allowed us to get oil we couldn't get effectively 15 years ago. The biggest part of this statistic is that production is up substantially on PRIVATE LANDS - Sorry, Obozo, it ain't because of you.
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canfranchiser
Veteran Author Riverside

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Message Posted: Apr 23, 2012 8:26:06 AM

what happened to peak oil?
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Chris46
Champion Author Dayton

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Message Posted: Apr 23, 2012 8:25:48 AM

OK, so we are not going to run out of gasoline anytime soon. We just have to allocate more of our hard earned money to get around in our automobiles.
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DimitrisIL
Champion Author Chicago

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Message Posted: Apr 23, 2012 8:24:00 AM

The oil companies control the puduction (thus the prices), no matter where they drill.
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RBob
Champion Author Portland

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Message Posted: Apr 23, 2012 8:23:08 AM


The super PACs, oil barons and speculators are still selling us hype as to all of the shortages.


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DCbeachbum
Champion Author South Carolina

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Message Posted: Apr 23, 2012 8:21:54 AM

What is not mentioned is almost all of the increase is on private land. The Federal land is still off limits per Mr Obama.
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IMLURCH
Champion Author Minnesota

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Message Posted: Apr 23, 2012 8:20:54 AM

Old Story
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Homito
All-Star Author San Antonio

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Message Posted: Apr 23, 2012 8:19:56 AM

We need alternative energy sources.
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Homito
All-Star Author San Antonio

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Message Posted: Apr 23, 2012 8:19:45 AM

We need alternative energy sources.
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matthwbar
Champion Author Toledo

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Message Posted: Apr 23, 2012 8:19:39 AM

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

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Message Posted: Apr 23, 2012 8:19:31 AM

We need alternative energy sources.
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