Energy Information Administration Expects Annual U.S. Crude Oil Production to Surpass Pre-Pandemic Levels in 2023
January 12, 2022
January 12, 2022
WASHINGTON, Jan. 12 -- The U.S. Department of Energy's Energy Information Administration issued the following news release on Jan. 11, 2022:
The U.S. Energy Information Administration (EIA) forecasts that U.S. oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. In its January Short-Term Energy Outlook (STEO), EIA forecasts U.S. crude oil production will increase for nine consecutive quar . . .
The U.S. Energy Information Administration (EIA) forecasts that U.S. oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. In its January Short-Term Energy Outlook (STEO), EIA forecasts U.S. crude oil production will increase for nine consecutive quar . . .