EIA says growth will be from light oil
As US crude production grows, Energy Information Administration looks at current, projected production by grades, areas of country
As U.S. crude oil production volumes grow, the majority of that growth is coming from light oils.
The historic high for U.S. crude oil production was 9.6 million barrels per day in 1970, the U.S. Energy Information Administration said in a May 29 analysis breaking its forecast down into crude types....
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Recent increase in light oils
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