case). Any production increase from current levels is expected to come from “tight oil”, extracted from formations such as Bakken and Eagle Ford, and the Permian Basin. While conventional crude production volumes in the Gulf may rise, these are expected by the EJA to offset declines elsewhere (Alaska). The EIA’s opt

this week blocked Donald Trump's latest effort to restrict immigration. U.S. fossil fuel producers say they expect to fix distribution issues tied to the Permian Basin next year, adding three pipelines and as many as 2 million barrels of oil a day. For OPEC, it's a very bad dream come true. Depressed about that mone