Domestic oil production hits 25-year highEnergy Information Administration also says for first time since early 1995, in October the US produced more crude than it imported Kristen Nelson Petroleum News
U.S. crude oil production averaged 7.7 million barrels per day in October, the U.S. Energy Information Administration said in its short-term energy outlook, released Nov. 13.
“As EIA predicted back in March, it appears the United States produced more crude oil in October than it imported for the fi....
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