Voice of America: The U.S. Department of Energy says U.S. oil production for the week ending January 4 exceeded 7 million barrels a day for the first time in two decades.
The report, released Wednesday, said the weekly average output is a 1.16 million barrel increase from the same week last year. The jump is attributed to improved exploration and drilling techniques.
The Energy Information Administration -- the statistical arm of the energy department -- predicted in a separate report Tuesday that U.S. crude...