EIA: US could be leading producer in 2019
Agency projecting 11.8 million bpd next year; previous record of 9.6 million in 1970; forecasts Brent to remain above $70 this year
Kristen Nelson Petroleum News
The U.S. could be the world’s leading crude oil producer in 2019, the U.S. Energy Information Administration said July 10 in its Short-Term Energy Outlook.
“In 2019, EIA forecasts that the United States will average nearly 12 million barrels of crude oil production per day. If the forecast holds, t....
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Domestic growth Oil prices Natural gas
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