UPTICK IN STORE
U.S. crude oil production is projected to rise year-over-year for the first time in nearly two decades as more oil is pumped from several deep water Gulf of Mexico fields. Daily production of crude oil
8 million barrels 7 6
7.35
5.25*
5 4
* Numbers for 2009 and 2010 are projected
’90 ’91 ’92 ’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 Source: Energy Information Administration
CHRONICLE