During September, Texas’ oil output was measured by IEA at 2.7 million barrels per day.
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Thanks to the rapidly increasing production from the Eagle Ford Shale and the Permian Basin, Texas reached another milestone in September, 2013: As a separate nation, Texas would now rank as the 9th largest oil producing country in the world.
As reported here by Dr. Mark Perry, according to the International Energy Agency (IEA), in the year preceding last September, Texas oil production surpassed that of oil-producing giants like Brazil, Venezuela, Nigeria, Mexico and Kuwait to move into the hypothetical Top Ten oil producing nations on earth. During September, Texas’ oil output was measured by IEA at 2.7 million barrels per day. This represents a doubling of the state’s daily oil output in just 29 months. Not since the early years of the 20th century has the state seen such a rapid rise in its oil output, and that steep incline shows no signs of slowing anytime soon.