U.S. crude-oil production +16% Y/Y in September to almost 6.5M bpd, the highest in nearly 15...
U.S. crude-oil production +16% Y/Y in September to almost 6.5M bpd, the highest in nearly 15 years, the EIA said yesterday. The states with the big increases were unsurprisingly Texas, with its Eagle Ford formation, and North Dakota, which is at the center of the Bakken Shale region. The fracking revolution has helped output in the latter state surge to 720K bpd. (PR)
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