The Arena It’s A Gusher

Don’t look now but there’s an oil boom going on in Texas!

“Oil production in Texas has hit its highest monthly rate on record, more than doubling in less than three years, according new federal data.

The state pumped 2.7 million barrels of crude per day during September, the highest monthly average since at least January 1981. Texas oil production had been declining since the U.S. Energy Information Administration’s monthly record-keeping began in 1981. But the tide abruptly turned in 2008 with the beginning of the shale oil and gas boom.”

Read the whole thing here.