Tuesday, November 22, 2011

Graph of the Day - Texas Oil Production

The show Dallas premiered in 1978. It's interesting that the story of a Texas oil family roughly coincided with peak oil production in the state. I suppose that it's more accurate to say the conception of the show coincided with peak oil production. In 1974, Texas oil production peaked at just under 3.5 million barrels per day. By 1978, production had already dipped to about 3 million barrels per day. By 2005, Texas production was under 1 million barrels per day, significantly below 1935's production. Apparently without oil, Texas has turned to exporting the only thing left that it has in abundance: crazy politicians.

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