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Railroad Ties

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Leslie Haines
February 1, 2013

One thing we love about the oil and gas industry is its capacity to change and to surprise, and often. U.S. crude oil production recently approached 7 million barrels a day, the highest level since 1970—and this is an amazing increase of about 50% since the summer of 2008.

Our oil production could grow by another 900,000 barrels per day in 2013 to 7.3 million a day, according to the most recent forecast by the Energy Information Administration. The government can’t keep up with what’s happening out in the field—this ...

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