Despite oil below $60 per barrel, US oil production continues to increase

US crude and total oil production continued to reach levels not seen since 1973.

USA crude oil production reached 9.118 million barrels per day
USA crude oil and natural gas liquids reached 12.243 million barrels per day
USA total oil all liquids reached 14.44 million barrels per day

North Dakota oil production statistics for October, 2014 are near its peak. North Dakota oil production is up 236,000 barrel per day over the last 12 months.

SOURCES – Energy Information Administration, North Dakota State Oil Commission

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