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Vol 21, No. 33 Week of August 14, 2016
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA: US production continues to drop

Brent down $3 in July, first monthly decrease since January, driven by British vote to exit EU, Canadian supply disruptions easing

KRISTEN NELSON

Petroleum News

The U.S. Energy Information Administration expects U.S. crude oil production to decrease from an average of 9.4 million barrels per day in 2015 to 8.7 million bpd this year and to 8.3 million bpd in 2017. EIA said in its Aug. 9 Short-Term Energy Outlook that the forecast reflects declining producti....

    [additional news subjects in this story]

Growing US production

Brent averages $45

Natural gas


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