oil production

The dustiest portion of my home library includes the 1980s books — about how Japan's economy would dominate the world.

And then there are the 1990s books — about how the Y2K computer glitch would end the modern era.

Go up one more shelf for the late 2000s books — about oil "peaking." The authors claimed global oil production was reaching a peak and would soon decline, causing economic chaos.

The titles include Peak Oil and the Second Great Depression, Peak Oil Survival and When Oil Peaked.


Oil production in Kentucky over the past eleven years reached 31 million barrels but increased significantly in the last year. That’s what the executive director of the Kentucky Oil and Gas Association told a House panel in Frankfort today.

Andrew McNeill testified before the House Natural Resources and Environment Committee. He says the state’s average annual production during the period was 2.5 million barrels.

Madisonville oil and gas production company Navitas Land and Mineral hopes to more than double its employees through a partnership with Chinese Company Shengli Highland Petroleum Equipment. Navitas CEO Daniel Williams says Highland will provide supplies and help with Navitas’s drilling site production.