The EIA released new state crude oil production data for the month of May, and one of the highlights of that monthly report is that oil output in America’s No. 1 oil-producing state —Texas — continues its phenomenal, eye-popping rise. At 3 million barrels of crude oil every day in May, this is the highest output since January 1981.
The EIA released new state crude oil production data for the month of May, and one of the highlights of that monthly report is that oil output in America’s No. 1 oil-producing state —Texas — continues its phenomenal, eye-popping rise. At 3 million barrels of crude oil every day in May, this is the highest output since January 1981.