US crude oil production surged to a record 13.6 million barrels per day in July.
Over the last 5 years, US oil production has risen +4 million barrels per day, or +40%.
Since 2008, production has more than TRIPLED.
Including other liquids, total US petroleum output reached a record 21.2 million barrels per day.
Meanwhile, global oil markets are on track for a record surplus next year due to slowing demand growth and rising supplies.
The US is drilling like never before.
