energy fact of the day

Wednesday, June 19, 2013

Energy fact of the day: Eagle Ford Shale sets oil production record in February, with a 74% increase from a year ago

Mark J. Perry | April 22, 2013, 6:08 pm

Bloomberg — “Oil production in Texas’s Eagle Ford shale formation reached an all-time high in February as it climbed 74 percent compared with a year earlier. “The nine geographic fields that make up the majority of Eagle Ford yielded 471,258 … read more >

Carpe Diem

Energy fact of the day: US oil output sets another multi-decade high, exceeds 7.2 million bpd for first time since 1992

Mark J. Perry | April 17, 2013, 6:13 pm

The Department of Energy reported today that US oil production for the week ending April 12 reached a new multi-decade high and exceeded 7.2 million barrels per day (bpd) for the first time since July 1992, almost 21 years ago (see chart … read more >

Carpe Diem

Energy fact of the day: US oil output is close to a 21-year high

Mark J. Perry | April 10, 2013, 4:00 pm

The Department of Energy reported today that US oil production for the week ending April 5 reached 7.181 million barrels per day, the highest weekly output of crude oil in the US since the first week of July 1992, almost … read more >

Carpe Diem

Energy fact of the day: Net petroleum imports so far this year are the lowest in 22 years

Mark J. Perry | April 8, 2013, 3:59 pm

For the month of February, petroleum imports represented only 34.3% of the total petroleum products supplied in that month, which was the lowest dependence on foreign sources of petroleum for the month of February since 1991, when the figure was 33.2% (EIA data here). Likewise, … read more >

Carpe Diem

Energy fact of the day

Mark J. Perry | March 12, 2013, 4:04 pm

Net petroleum imports in January fell to only 37.3% of total petroleum consumption in the US for that month, according to new estimates from the Energy Information Administration (EIA). For the month of January, that’s the lowest level of US dependence on foreign sources of petroleum … read more >

Carpe Diem

Disturbing green energy facts of the day

Mark J. Perry | February 4, 2013, 2:54 pm

1. Tennessee Department of Revenue officials estimate that at least 530 electric vehicles have been registered in Tennessee in the past two years, based on the number of buyers seeking a state tax rebate of $2,500, in addition to a federal … read more >

Carpe Diem

Energy chart of the day: US oil output during last week of October was highest weekly production since January 1995

Mark J. Perry | November 6, 2012, 5:31 pm

The Department of Energy reported last week (data here) that the U.S. produced 6.67 million barrels of crude oil per day during the week ending October 26, which is the highest weekly output of oil in the U.S. since the … read more >

Carpe Diem

Energy fact of the day: US will produce 83% of energy consumed this year, up from 78% in 2008

Mark J. Perry | October 16, 2012, 12:44 pm

Graphic is from a BloombergBusinessWeek article with this commentary: “New drilling techniques unlocked vast reserves unreachable just a few years ago. Oil and natural gas production in the U.S. is increasing at its fastest rate in 50 years, while imports … read more >

Carpe Diem

Energy fact of the day: Almost no dry holes in the North Dakota Bakken, 99% of rigs hit oil

Mark J. Perry | July 19, 2012, 3:37 pm

Associated Press — “Despite widespread hope that North Dakota’s oil rush will spread across the border, some say it’s doubtful South Dakota will experience much of it. South Dakota state geologist Derric Iles says drillers are virtually assured of a … read more >