04.07.2014 - Texas Set To Overtake Iraq In Oil Production
Americaís increasing reliance on hydraulic fracturing to recover energy trapped in shale will soon lead Texas to generate more oil than Iraq, OPECís No. 2 producer. Texas produced just over 3 million barrels a day in April for the first time in nearly four decades, according to a new report by the U.S. Energy Information Administration (EIA). That accounted for 36 percent of the United Statesí total production for the month -- 8.4 billion barrels per day...............................................Full Article: Source
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