Report: U.S. Oil Production Crashes 40%

News 2

Published

February 17, 2021

(Photo by David McNew/Newsmakers)

JOHN CARNEY

Breitbart

The crash in U.S. oil production is growing worse as the deep freeze in Texas continues, according to Bloomberg News.

Bloomberg reported that oil production has fallen by close to 40 percent. The report cited “unnamed traders and industry executives.”

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