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Oil Demand Is Growing Nearly Everywhere

September 1, 2017

Via: Forbes

Earlier today I delivered the keynote address at the Uintah Basin Energy Summit in Vernal, Utah. The Uintah Basin is an oil-producing region predominantly in the eastern portion of Utah.

Like many other oil-producing states, Utah saw its oil production more than double from 2004 to 2014, before retreating in the face of the oil price crash. Utah oil producers, like oil producers everywhere, are intensely interested in what comes next in the oil industry.

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