Texas crude oil production continued to smash estimates and break records in recent weeks; taking in 1.54 billion barrels per day and hitting levels not seen since 1973.
“Texas oil wells produced more than 1.54 billion barrels of crude in 2018, beating the previous record of 1.28 billion barrels set in 1973,” reports the Houston Chronicle.
“As the national leader in oil and natural gas production, Texas is paving the way for America’s energy independence,” said Texas Gov. Greg Abbott in a written statement.
“From technological advancements resulting in increased oil and natural gas output to our LNG export facilities, the Lone Star State’s energy economy is firing on all cylinders. As Governor, I will continue to work with our independent oil and gas producers to take our economy to even greater heights,” he added.
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