May 14, 2010
6 years ago

The Long Tail of US Oil Production

Originally Published on: Infectious Greed

The debate over drilling and environmental management in the US has reached intense heights. It is easy, when considering these arguments, to feel like US oil production is driven entirely by gushing wells in the Gulf of Mexico and Alaska. However, Paul Kedrosky looked into some Department of Energy data and found that huge wells account for barely 10% of US oil production.