By Michael Bastasch
There’s a reason why Texas Gov. Rick Perry is always telling businesses to move to his state: it’s in the middle of a massive oil boom.
According to the U.S. Energy Information Administration, the Lone Star State now produced nearly 35 percent of the country’s crude oil in 2013. EIA data shows that Texas oil production averaged more than 2.8 million barrels per day in January 2014. Last year, oil production in Texas actually exceeded the production levels from federal offshore drilling areas.