EIA forecasts new US crude record in 2023
2019 current record, 12.3 million bpd; 2021 average 11.2 million bpd; 11.8 million bpd expected in 2022, 12.4 million bpd in 2023 Kristen Nelson Petroleum News
The U.S. Energy Information Administration is forecasting that U.S. crude oil production will hit a new high in 2023, averaging 12.4 million barrels per day, surpassing the previous high, set in 2019, of 12.3 million bpd. The agency said in its January Short-Term Energy Outlook, released Jan. 11, th....
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