Chart of the Day: U.S. Oil Production by the Numbers
Kelsey Lucas /
As news stirs around OPEC’s decision to not cut oil production, we’ve pulled together the chart below with a closer look at the surging production in the United States.
Energy expert Nick Loris, the Herbert and Joyce Morgan fellow at The Heritage Foundation, argues that even if OPEC had decided to cut oil production, it wouldn’t be a big deal. That’s because the United States is becoming a large player in the global oil market. This chart explains why.
>>>Read More: Even If OPEC Had Decided to Cut Oil Production, It Wouldn’t Be a Huge Deal.
Infographic by Kelsey Harris/The Daily Signal