Saturday, July 06, 2013

American Oil Boom Illustrated

Mark Perry has made this illustration of the American oil boom, that is a key factor fueling the American economic recovery

This chart only covers Texas, but the increase in recent years goes for America as a whole too as for example North Dakota has also seen a dramatic increase in oil production (Unlike Texas, North Dakota didn't have much oil production in the past and so it didn't have the same kind of drop that Texas had from the late 1980s to the early 2000s).


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