Texas and North Dakota were responsible for 83 percent of
U.S. oil production growth last year, which should not surprise anyone who reads this blog.
The new Line 3 will comprise the newest and most advanced pipeline technology — and provide much needed incremental capacity to support Canadian
crude oil production growth, and U.S. and Canadian refinery demand.
The «all of the above» praise
of oil production growth isn't so wonderful on climate change terms and we are discovering things about methane leakage in natural gas, but this is the «truth» of «All of the Above».
The capacity of KXL is equivalent to the
net oil production growth for the entire OECD Americas region under the IEA 450ppm scenario.
Record - setting liquid fuels production growth in the United States has more than offset the rise in unplanned global supply disruptions over the past few years... U.S. liquid fuels production, which includes crude oil, hydrocarbon gas liquids, biofuels, and refinery processing gain, grew by more than 4.0 million barrels per day (bbl / d) from January 2011 to July 2014, of which 3.0 million bbl / d was
crude oil production growth.
According to a new BP report,
U.S. oil production growth, the largest in the country's history, helped keep global crude prices from rising sharply.