The U.S. Energy Information Administration (EIA) just released its short-term energy outlook for the month of November 2013 and has revealed that U.S. crude oil production has surpassed its net imports for the first time in the past eighteen years.
U.S. crude oil production
U.S. crude oil production stood at 7.74 million barrels per day (bblpd) in the month of October 2013 while the monthly imports averaged 7.57 million bblpd during the same period. "Monthly estimated domestic crude oil production exceeded crude oil imports in October for the first time since February 1995, while total petroleum net imports were the lowest since February 1991," stated the EIA report.
Figure 1: US crude oil domestic production and net imports...

