Post Carbon Fellow John Kaufmann's joint op-ed the 'Market drives oil prices' appeared in the Statesman Journal.
From the article:
There are two ways to address this supply-demand imbalance — increase supply or curb demand. In fact, U.S. production has increased, particularly from the Bakken shale oil in North Dakota. This has kept U.S. gas prices from being even higher than they are.
However, new domestic supplies will not permanently reverse America’s long-term decline in oil production.