Oil production expected to grow 7.4% in 2018
The EIA released its monthly Short Term Energy Outlook this week, outlining the state of the energy industry through the end of 2018.

The U.S. oil industry remains resilient, and is likely to grow further in 2018. The EIA has increased its predictions of this growth, and is currently estimating the U.S. will produce 9.92 MMBOPD next year. This represents 7.4% growth from 2017 to 2018, and is 0.8% higher than last month’s estimation of 2018 production.

Predictions of OPEC production have fallen...


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