{"id":5393,"date":"2014-05-27T08:52:19","date_gmt":"2014-05-27T14:52:19","guid":{"rendered":"http:\/\/www.regiontrack.com\/www\/?p=5393"},"modified":"2014-05-27T08:52:19","modified_gmt":"2014-05-27T14:52:19","slug":"pic-of-the-week-u-s-crude-gains-concentrated-in-few-states-05272014","status":"publish","type":"post","link":"https:\/\/www.regiontrack.com\/www\/pic-of-the-week-u-s-crude-gains-concentrated-in-few-states-05272014\/","title":{"rendered":"Pic-of-the-Week: U.S. Crude Gains Concentrated in Few States (05\/27\/2014)"},"content":{"rendered":"

The Ongoing Surge in U.S. Crude Production is Highly Concentrated in Only a Few States –<\/strong>\u00c2\u00a0<\/em>U.S. crude production has surged by more than\u00c2\u00a050% since 2009, from about 1.8 billion barrels to 2.8 billion barrels annually. <\/span><\/p>\n

The geography underlying the oil produced in the U.S. each year\u00c2\u00a0is now\u00c2\u00a0roughly 1\u00c2\u00a0billion barrels from Texas; 700 million barrels combined\u00c2\u00a0from\u00c2\u00a0North Dakota, Alaska, and California; 375\u00c2\u00a0million barrels combined from Oklahoma, New Mexico, Louisiana, and Wyoming; and 750 million barrels\u00c2\u00a0from all other states combined.<\/span><\/p>\n

\"Crude<\/a><\/p>\n

So far, the\u00c2\u00a0growth in\u00c2\u00a0production is\u00c2\u00a0highly concentrated in only a handful of states<\/span>.\u00c2\u00a0North Dakota production has more than tripled; Texas and Oklahoma have roughly doubled\u00c2\u00a0production; New Mexico has added 50%; and Louisiana and Wyoming have seen only modest increases.\u00c2\u00a0Among the major producing states, only Alaska and California have not seen long-run declines in production reversed or ended. Oil\u00c2\u00a0production is off roughly 5% in California and 20% in Alaska in the short run, and off 20% and 50%,\u00c2\u00a0respectively, the past decade.<\/p>\n

Sign up<\/a>\u00c2\u00a0to receive RegionTrack’s PIC OF THE WEEK!
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 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Ongoing Surge in U.S. Crude Production is Highly Concentrated in Only a Few States –\u00c2\u00a0U.S. crude production has surged by more than\u00c2\u00a050% since 2009, from about 1.8 billion barrels to 2.8 billion barrels annually. The geography underlying the oil produced in the U.S. each year\u00c2\u00a0is now\u00c2\u00a0roughly 1\u00c2\u00a0billion barrels from Texas; 700 million barrels combined\u00c2\u00a0from\u00c2\u00a0<\/p>\n","protected":false},"author":1,"featured_media":5396,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,13,1],"tags":[46,72],"post_series":[],"class_list":["post-5393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-graphic","category-pic-of-the-week","category-uncategorized","tag-energy-states","tag-oil-and-gas","entry","has-media"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t