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Thirteen US oil prices pulled back from last -- sixteen month highs settling just below 107 dollars barrel a gallon.
Of regular will set you back on average.
Three dollars 67 cents up six cents from a week ago.
Meanwhile western states are poised to unleash a huge amount of new oil.
But there's a big impediment to the floodgates.
Correspondent Alicia Acuna explains.
North Dakota and Texas get a lot of headlines when it comes to America's domestic oil -- But other western states -- increased production dramatically in recent years.
In the olden days I wasn't around it exploring for oil and natural gas was it was a much bigger challenge -- it is now.
Production in Colorado Utah Wyoming New Mexico and Oklahoma has increased up to 64%.
Combined in those states now out produce the much lauded Bakken oil field in the Dakotas.
However industry experts say it's no thanks to the current administration.
-- energy production overall in the country is gone up significantly it is because of try to land production.
The Bureau of Land Management disagrees.
In a statement to Fox News it noted domestic production from over 99000.
Federal onshore oil and gas wells.
Accounts for almost 13% of the nation's natural gas production and 5% of its oil.
So the reality is that acres of land that have been -- for energy production far outstrip.
Land that is been preserved.
Are conserved during the Obama administration conservationists.
There economic drivers for tourism.
The outdoor recreation industry agricultural uses clean water you name it.
-- the -- takes a company to obtain drilling permit on federal -- has gone down from the 300 days it took a year ago.
Critics say the process is still too long.
Prince is a permit in Texas or Oklahoma or North Dakota you can get fifteen at 45 days.
A permit on federal land is about to -- thirty days -- sharp contrast to other parts of the country.
Up to 70% of the land in western states is owned by the federal government -- Alicia thank you.
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