Thursday, July 4, 2013

Texas Oil

The Eagle Ford  will have significant impact on U.S. oil production in the future.
"As of February, the most recent month for which international oil production data are available, Texas would be the 12th largest oil producer in the world if it were a separate country, only slightly behind Kuwait and Venezuela. This is due to an oil boom that's added the equivalent of the Bakken formation in North Dakota to the state's output in just the past 16 months.:
Source: http://news.investors.com/ibd-editorials/070213-662299-texas-eagle-ford-shale-sparks-boom.htm


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