Domestic Oil Production Rising
Note to Editor: The Following News Coverage Is Issued by Century Market Research
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/02/12 -- In a recent Seeking Alpha article titled, "North American Oil Production on the Rise," it is outlined that "American production is undergoing a renaissance." This could translate to higher production from major domestic companies such as Chesapeake (CHK) and Linn Energy (LINE) as well as smaller exploration companies like AER Energy Resources (PINKSHEETS: AERN) and Double Eagle Petroleum (DBLE).
Released yesterday by Bloomberg News, an Article by Peter Orszag, Vice Chairman or Global Banking at Citigroup ©, explains further the information pointing towards the US expanding domestic production. The article points out The Energy Information Administration estimates on the rise of domestic production from 5.5 million barrels a day to 6.7 million by 2020.
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Datum: 02.02.2012 - 12:30 Uhr
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News-ID 110309
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Oil & Gas
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