Domestic production is estimated to be up 10.5 percent in 1999 over 1998.
The reason was higher demand for oil products and lower domestic production.
In the next three years, domestic production is seen growing to 1.5 million barrels a day.
"The market here is now large enough to justify domestic production."
At the same time, with global prices far lower than they were two years ago, domestic production fell by 2.3 percent.
The company is accounting for more than 60% of domestic production.
This number is expected to climb to 67 percent by 2020 if we don't increase domestic production.
Domestic production under foreign influence is now the received wisdom.
Domestic production in January came to 7.9 million barrels a day, down 3.4 percent from the period last year.
The area has since supplied about 20 percent of America's domestic production, but at considerable environmental cost.
Słownik ekonomii