Domestic Oil Production Declines

New numbers showing domestic oil production levels are in, and they reflect a decline. The American Petroleum Institute says July production in Alaska and the Lower 48 fell by more than 4 percent from June. That was the fifth largest month-to-month percentage decline in at least 35 years.

Oil is still a dominant force in Alaska, and the state continues to be an important source of domestic crude supply. But there is more evidence today that supply is dwindling.
KTUU.com