Don’t credit the government for increased oil production
In the past half-decade, the United States has seen a spectacular hydrocarbon boom: Oil-and-gas production has risen to levels not seen since the 1990s, and is expected to continue rising, making the U.S. the world’s largest oil producer by 2017.
Our emerging emirate status has been a private phenomenon. Despite the huge swaths of land owned by the federal government, most of the increased production has happened on private land. Overall, the federal share of onshore oil production dropped from 33 percent in 2009 to 26 percent in 2012.