Oil Trends Blog

Contrary to the conventional wisdom espoused by the Cheney oil group, there is new evidence that the U.S. is not in as dire straights as they would have you believe.
New information from the Energy Information Administration is now supporting views expressed by Oil Trends Blog in earlier publications. EIA is predicting U.S. crude oil production [...]

U.S. natural gas production grew by 9% between the first 7 months of 2007 and the first 7 months in 2008. To put this growth in perspective, U.S. natural gas production was essentially flat for 9 years from 1998 through 2006, before rising by 4% in 2007. Thus, the growth in 2008 so far appears [...]