US All Liquid Oil Domination Nears 20 Million Barrels per Day

Last week, US crude oil production reached a record 12.5 million barrels per day. Other liquids like natural gas liquids, ethanol and condensate reached 7.1 million barrels per day. The combined numbers are the all liquids production which is now 19.6 million barrels per day. There was a 2012 report from Harvard Professor Maugeri. At the time, peak oil websites freaked out that Maugeri predicted the success of US shale oil production. Maugeri predicted that with 3.5 million barrels per day more from shale oil and an oil price of over US$70 per barrel that the US would produce 11.2