Wednesday, July 29, 2026

Petroleum Continues to Pace United States’ Energy Demand; Natural Gas Gains Ground

2013 is in the books as one of the most productive years in E&P history, and the United States is soaking up the flowing oil from the country’s prolific shales. According to the Energy Information Association (EIA), U.S. oil demand in October 2013 totaled 19.3 MMBOPD, an increase of roughly 3% from October 2012 levels. Crude oil production is up