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What are the true facts on US Oil Production/Leases?

SighQlone

Hall of Fame
Gold Member
May 8, 2003
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I am hoping some of you smarter than me have the real numbers on US production and future leases. We hear so many conflicting stories from every political spectrum, it is hard to figure out. I also know that the supply chain for oil to gas pump is extraordinarily complex. Production appears to be down, but the number of leases being approved also appears down. That said, I am not sure of my numbers or sources, and I want to be intelligent when referring to this subject. I am still working and I have not had time to research the real facts. TIA...
 
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