US crude to average 10.7 million bpd
This year’s production average would be highest on record, topping 9.6 million bpd in 1970; EIA forecasts 11.3 million bpd in 2019
Kristen Nelson Petroleum News
U.S. crude oil production is, as projected, at record levels and forecast to go even higher, the U.S. Energy Administration said March 6 in its Short-Term Energy Outlook.
“EIA estimates that U.S. crude oil production averaged 10.3 million barrels per day in February, up by 230,000 from the January....
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