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Economy
US Oil Production hits new high
2018-05-01
NEW YORK (Reuters) - U.S. crude oil production jumped 260,000 barrels per day (bpd) to 10.26 million bpd in February, the highest on record, the Energy Information Administration said in a monthly report on Monday.

Production in Texas rose by 106,000 bpd to above 4 million bpd, also a record high based on the data going back to 2005. The Permian basin, which stretches across West Texas and eastern New Mexico, is the largest U.S. oilfield
[and production there would be more, except the local pipelines are nearing capacity].
Output from North Dakota declined marginally to 1.15 million bpd, while output in the federal Gulf of Mexico rose by 89,000 bpd to 1.72 million bpd.
Posted by:lord garth

#13  Waffle House alternatives, dinner for two around here, you'd better plan on $50. minimum.

You must live in Manhattan.
Posted by: Zhang Fei   2018-05-01 23:30  

#12  I enjoy the Waffle House from time to time. The local ones belonged for a time to a gentleman with a fondness for native wild flowers. About a decade ago he sold out and put his profits into a garden shop, but the new management is doing just fine.

Waffle House takes the tae kwan do approach: do a few key things very well, and don’t fuss with fancy flourishes.
Posted by: trailing wife   2018-05-01 23:06  

#11  Plate lunch with a coke $ .75 at the Highway Cafe.
Meatloaf, green beans, corn, and dinner role. But now we're talking when Ike was in the White House.
Times, they have changed.
Posted by: Besoeker   2018-05-01 21:25  

#10  I can handle Waffle House. In and out for $10 w/mil discount, to include a nice tip. Waffle House is a 'no can do' for the wife. Don't think she's ever set foot in one. Waffle House alternatives, dinner for two around here, you'd better plan on $50. minimum.

No, the dollar doesn't buy as much as it used to.
Posted by: Besoeker   2018-05-01 21:22  

#9  Fuel prices, though, are still rising.

Or the value of the dollar is dropping. 8 years of creative money policies of the Fed and Treasury increasing the amount of dollars without backing coming home to roost.
Posted by: P2kontheroad   2018-05-01 21:16  

#8  Unexpectedly ...
Posted by: AlmostAnonymous5839   2018-05-01 20:16  

#7  from an analyst tweet:
For last week, we have now counted 10,800,100 barrels in US maritime crude oil exports; or 1,542,871 barrels per day. We are adding another 350,000 barrels per day in land transfer to Canada. Our total is: 1,892,871 barrels per day
Posted by: 3dc   2018-05-01 16:45  

#6  SacraMental ...
Posted by: NoMoreBS   2018-05-01 12:31  

#5  Regular at Exxon Mobil in SacrMento now at $3.56. For those of us held in the People’s Republic of California, the Trump tax break is completely gone.by gas price increases in last year.
Posted by: NoMoreBS   2018-05-01 12:30  

#4  Also slumping dollar, which is a totally manipulated factor.
Posted by: M. Murcek   2018-05-01 11:09  

#3  Usage is up. That terrible Trump economy, no doubt...
Posted by: M. Murcek   2018-05-01 11:08  

#2  Fuel prices, though, are still rising.
Posted by: Deacon Blues   2018-05-01 09:52  

#1  Predicted at the Burg last summer to begin in November 2017. A slow start, but it has arrived.
Posted by: Besoeker   2018-05-01 09:26  

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