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Commodities Briefing - Categorized | Market Moves, Oil more

Oil & gas boom 2014: A great time to be a Texan

Posted on 10 January 2014

Thanks to the rapidly increasing production from the Eagle Ford Shale and the Permian Basin, Texas reached another milestone in September, 2013: As a separate nation, Texas would now rank as the 9th largest oil producing country in the world.
As reported here by Dr. Mark Perry, according to the International Energy Agency (IEA), in the year preceding last September, Texas oil production surpassed that of oil-producing giants like Brazil, Venezuela, Nigeria, Mexico and Kuwait to move into the hypothetical Top Ten oil producing nations on earth……………………………..Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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