Oil Production

Oil prices plummeted 60 percent since last summer, yet American crude output will reach a record this year according to the Energy Information Administration's Fall Short-Term Energy Outlook. Gas prices will drop about 35 cents this year.
Jun 14, 2015   USA Today
An IEA report suggests that oil prices have bottomed-out, are now on the rebound, and that demand for OPEC's oil will start rising next year. OPEC predicts that U.S. oil consumption will increase after years of decline, thanks to U.S. motorists.
Feb 12, 2015   OPEC Says U.S. Motorists
American motorists are enjoying the lowest gasoline prices in five years because OPEC chose not to reduce oil output in the hopes that decreased oil prices will be lower than the cost needed to frack oil from shale.
Dec 2, 2014   Vox
The worthy foe is not environmental regulations nor the the government or public demanding fracking moratoriums and bans. It is the falling global price of oil. Two radio reports explore how the global glut of oil affects U.S. shale oil production.
Oct 16, 2014   NPR
The Wall Street Journal re-examines the doomsday scenarios of Peak Oil now that fracking has pushed oil production to record levels.
Sep 30, 2014   The Wall Street Journal
Alaskans agreed, but not by much, with Gov. Sean Parnell and not former Gov. Sarah Palin that oil companies needed to pay less taxes if they are to boost oil production. Voters rejected a tax referendum that was on Tuesday's ballot to repeal SB 21.
Aug 25, 2014   FOX News
Unlike Texas and N.D, Alaska's oil production peaked in 1988 and continues to decline. An upcoming referendum on oil taxes threatens to reduce energy investment. The North Slope pipeline is carrying such low oil volumes to endanger its safety.
Aug 14, 2014   The Wall Street Journal
Joe Eaton reports from Bainville, Montana, which is suffering the effects of the Bakken oil boom, although the majority of the Bakken wells, and its corresponding tax revenue, are in North Dakota.
Jul 12, 2014   National Geographic
Bloomberg News shares news of a report showing that the surge in shale oil production has made the United States the top oil and natural gas liquids producer in the first quarter of 2014 and discusses its impact on domestic and global oil prices.
Jul 7, 2014   Bloomberg News
An energy policy developed during the 1983 Arab oil embargo is loosening thanks to an order by the Commerce Department, though not as much as oil companies would like. Will gas prices rise? No, they will fall, argues energy expert Daniel Yergin.
Jun 25, 2014   The Wall Street Journal
Yes, and that's a good thing, say opponents of lifting the 1975 ban on crude oil exports. Brad Plumer examines this argument and explains the two other chief reasons, the environment and refinery lobbying, to maintain the ban on exporting crude oil.
Jan 10, 2014   The Washington Post - Wonkblog