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But if you use the production + adjustment method and a 3-month moving average (to smooth out the monthly swings), US crude production declined by 1.55%.

In my view, this is the most obvious trend that's developing in US shale oil production, and the disparity will only grow. US shale oil production will only get gassier over time, and with it, US crude production is peaking.

HFIR Reserarch

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The materials provided on this site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.  I may make data related mistakes  occasionally; if you use my opinions about oil reserves or shale well economics for financial purposes, to buy or sell stocks, your nuts. Don't do that. If I have used a photograph incorrectly it was for educational purposes and I have done my best of to give credit where credit is due. My stories are all true, slightly embellished, perhaps, but true; I don't change names to protect the guilty. I am as accurate as possible about history and historical facts; I work very hard at that.All rights are reserved, whatever that means.  Don't blame me,  I didn't do it.   

                                                                                                                                                     Mike Shellman 
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