WASHINGTON, D.C. (Bloomberg) -- U.S. crude production climbed to the highest level in more than 29 years last week as the shale boom moved the country closer to energy independence. Output rose 0.9% to 8.95 MMbpd, the most since June 1985, according to Energy Information Administration estimates. The combination of horizontal drilling and hydraulic fracturing has unlocked supplies from shale formations in the central U.S., including the Bakken in North Dakota and the Eagle Ford in Texas.
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