7.2% production growth coming in 2018: EIA
The U.S. will break a 47-year record next year, according to the EIA, as shale production continues to recover from the global industry downturn.

The highest monthly production the U.S. ever achieved was 10,044 MBOPD, in November 1970. Production in March 2017, the most recent month the EIA has data for, was 9,098 MBOPD. Production has been rising since September.
Up, up, up
U.S. shale producers seem perfectly comfortable with oil at or around $50/bbl., and many producers are planning significant...


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