Seeking Alpha | US Oil Production Is Surging... And That's Okay Seeking Alpha In this article I decided to go over the fears associated with higher US oil production, with data provided by the EIA. If their numbers are correct, the picture this year is most certainly worse than it was a month ago from an output perspective, but ... Oil Price Drop Triggers a 'Herd Mentality' of Selling Oil's worst week since November leaves New York futures 9.1pc lower Oil down for a third day as glut worries persist |