Oil production rebounds in Ohio

Tom Jackson
Mar 23, 2010

 

If the Strickland administration wants an Ohio economic indicator that's actually positive, here's something it can brag about: Oil production in Ohio is rising.

According to statistics posted at the Energy Information Administration Web site, Ohio produced 5,455 thousand barrels of oil in 2007 -- up from 5,422 in 2006.

This is admittedly a modest amount of oil and a modest increase.

Oil production in Ohio has been up and down for years, but mostly down. The state generated 15,271 thousand barrels of oil in 1984.

U.S. oil production has been falling for years.

U.S. domestic oil production fell slightly in 2007, from 1,862,259 in 2006 to 1,848,450 in 2007.

Apparently, even sky-high oil prices isn't enough to turn around domestic oil production, at least not yet. It peaked in 1970, and has fallen almost every year since then.

The EIA Web site is a trove of information.

For example, can you name the country that exports the most oil to the U.S.?

If you said "Saudi Arabia," you flunk. It's Canada (17.2 percent in 2006) followed by Mexico (12.4 percent.)

Comments

Anonymous

Canada and Mexico are together almost 1/3 from where we import our oil? That fact makes the posturing by our Middle East suppliers and of nations such as Venezuala seem nearly insignificant.

Anonymous

You dropped three zeroes from your figures. In 2007 , Ohio produced an average of 15,000 barrels of oil per day. Ohio ranks 18th in production of oil among the US states.

http://en.wikipedia.org/wiki/Lis...