{"id":5623,"date":"2014-09-28T22:47:25","date_gmt":"2014-09-29T04:47:25","guid":{"rendered":"http:\/\/www.regiontrack.com\/www\/?p=5623"},"modified":"2014-09-28T22:47:25","modified_gmt":"2014-09-29T04:47:25","slug":"pic-of-the-week-u-s-crude-output-growing-4x-faster-than-nat-gas-09292014","status":"publish","type":"post","link":"https:\/\/www.regiontrack.com\/www\/pic-of-the-week-u-s-crude-output-growing-4x-faster-than-nat-gas-09292014\/","title":{"rendered":"Pic-of-the-Week: U.S. Crude Output Growing 4X Faster than Nat Gas (09\/29\/2014)"},"content":{"rendered":"<p><strong>U.S. Crude Output Growing Four Times Faster than Natural Gas<\/strong>. The pace of growth in U.S. crude\u00c2\u00a0oil\u00c2\u00a0output is\u00c2\u00a0nothing short of remarkable. Oil output has risen at a 16.1% annualized pace since\u00c2\u00a0the beginning of the current cycle in\u00c2\u00a0July 2011. Total oil production is up almost 60% in three short years. Our pic-of-the-week shows that oil is also growing four times faster than\u00c2\u00a0the 4% annual growth rate of natural gas output since its cycle began in January 2006. For comparison, natural gas output is up roughly 40% in 8+ years.<\/p>\n<p><!--more--><\/p>\n<p><a href=\"https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-5624\" src=\"https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-1024x654.png\" alt=\"potw_1_20140929\" width=\"695\" height=\"443\" srcset=\"https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-1024x654.png 1024w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-300x192.png 300w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-768x491.png 768w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-200x128.png 200w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-400x256.png 400w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-600x383.png 600w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-800x511.png 800w, https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png 1183w\" sizes=\"auto, (max-width: 695px) 100vw, 695px\" \/><\/a><\/p>\n<p>It is worth noting that some choose to date the beginning of the current crude oil cycle back to early 2009. While we think this is a bit too early, the growth rate remains at a brisk 8.0% annual pace, twice the rate of growth in natural gas.<\/p>\n<p style=\"text-align: center;\"><a title=\"Sign up for our Pic-of-the-Week\" href=\"http:\/\/www.regiontrack.com\/www\/pick-of-the-week-web-signup\/\" target=\"_blank\">Sign up<\/a>\u00c2\u00a0to receive RegionTrack&#8217;s PIC OF THE WEEK!<br \/>\n[email_link]\n","protected":false},"excerpt":{"rendered":"<p>U.S. Crude Output Growing Four Times Faster than Natural Gas. The pace of growth in U.S. crude\u00c2\u00a0oil\u00c2\u00a0output is\u00c2\u00a0nothing short of remarkable. Oil output has risen at a 16.1% annualized pace since\u00c2\u00a0the beginning of the current cycle in\u00c2\u00a0July 2011. Total oil production is up almost 60% in three short years. Our pic-of-the-week shows that oil is&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5624,"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":[13,1],"tags":[72],"post_series":[],"class_list":["post-5623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pic-of-the-week","category-uncategorized","tag-oil-and-gas","entry","has-media"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"thumbnail":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-150x150.png",150,150,true],"medium":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-300x192.png",300,192,true],"medium_large":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-768x491.png",768,491,true],"large":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-1024x654.png",980,626,true],"1536x1536":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"2048x2048":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"lightbox":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"search_results":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",125,80,false],"blog_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929-250x150.png",250,150,true],"blog_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"blog_post_full":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"blog_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"portfolio_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"portfolio_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"portfolio_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"staff_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"staff_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"staff_related":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"testimonials_entry":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"testimonials_post":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false],"gallery":["https:\/\/www.regiontrack.com\/www\/wp-content\/uploads\/potw_1_20140929.png",1183,756,false]},"uagb_author_info":{"display_name":"mcsnead","author_link":"https:\/\/www.regiontrack.com\/www\/author\/mcsnead\/"},"uagb_comment_info":0,"uagb_excerpt":"U.S. Crude Output Growing Four Times Faster than Natural Gas. The pace of growth in U.S. crude\u00c2\u00a0oil\u00c2\u00a0output is\u00c2\u00a0nothing short of remarkable. Oil output has risen at a 16.1% annualized pace since\u00c2\u00a0the beginning of the current cycle in\u00c2\u00a0July 2011. Total oil production is up almost 60% in three short years. Our pic-of-the-week shows that oil is&hellip;","_links":{"self":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts\/5623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/comments?post=5623"}],"version-history":[{"count":0,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/posts\/5623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/media\/5624"}],"wp:attachment":[{"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/media?parent=5623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/categories?post=5623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/tags?post=5623"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.regiontrack.com\/www\/wp-json\/wp\/v2\/post_series?post=5623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}