Up 140% since the shale revolution took flight in 2008, the U.S. has seen a meteoric rise in crude oil production
The numbers continue to amaze and surpass all expectations from even the most well-financed banks and modelers.
U.S. crude oil output was long thought to have peaked back in 1970 at just under 9.7 million b/d.
Now, EIA estimates that we have touched 12 million b/d for the week ending February 15.
