What Happened to U.S. Oil Production?
April 17, 2006 6:04 PM Subscribe
I remember back in the eighties when a huge output of oil came from the United States, particularly three states: Texas, Oklahoma and Louisiana. My question is simple - What Happened??? Why isn't there a lot of oil coming out of those states anymore? I have heard about "capped" wells and don't understand. Are companies still drilling in the oil rich states? If so, why can't it be increased to deal with the current Middle East oil supply? Inquiring gasoline consumers want to know!