US Crude Oil Production Rising as Shale Oil Booms

U.S. crude oil production has risen over 10% in the past two years. We expect this growth will continue with booming oil plays like the Eagle Ford Shale in Texas and the Bakken Shale in North Dakota.  Add the Niobrara Shale, the Avalon Shale, Wolfberry, and Bone Spring in West Texas, with the Mississippian oil Play and Oklahoma and we’re set to see domestic crude coming to market. [Read more…]