US oil production growth at record 100-yr high in 2014

March 31, 2015 9:15 AM

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US crude production increased to 1.2 million barrels per day (mbpd) to 8.7 mbpd in 2014, the largest volume rise since 1900, the date the US Energy Information Administration started keeping records.

This is the sixth consecutive year that the US, with the help of horizontal drilling and fracking, has increased crude production.

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