Some Good News for Oil Production

From the constantly observant Mark Perry:

New Mexico and its neighbors have begun to enjoy the shale oil boom.

EIA attributed the production increase to the application of horizontal drilling and hydraulic fracturing technology to low-permeability rocks to the growth in U.S. oil production. Enhanced oil recovery techniques such as carbon dioxide injection also are boosting production from conventional reservoirs.

So, what is it, peak oil or peak idiocy? Take your pick.