EIA Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels. The 2019 growth rate was down from a 17% growth rate in 2018. In November 2019, monthly U.S. crude oil production averaged 12.86 million b/d, the most monthly crude oil production in
EIA In the Annual Energy Outlook 2020 Reference case, EIA projects that the United States will remain a net exporter of total petroleum liquids; however, the United States will remain a net importer of crude oil through 2050. United States refineries are some of the most complex in the world and can process a wide range of crude oil qualities. Although U.S crude oil
EIA U.S. tight oil production increased in 2017, accounting for 54% of total U.S. crude oil production, in part because of the increasing productivity of new wells. Since 2007, the average first full month of oil production from new wells in regions tracked by EIA’s Drilling Productivity Report (DPR) has generally increased. These growing initial production rates have helped tight oil production
Total 2015 U.S. energy production was 89 quadrillion BTUs, 91% of consumption The United States total energy production saw an increase for the sixth consecutive year. Data collected from EIA’s Monthly Energy Review stated that energy production in the U.S. totaled 89 quadrillion British Thermal Units. The total amount of energy produced in the U.S. in 2015 corresponded to roughly
