Post Tagged with: "US oil production"

Source: Reuters

U.S. oil production set to increase further in 2022, energy expert Dan Yergin says


U.S. oil production is back and set to increase in 2022 after more than a year of OPEC and its allies “running the show,” according to Daniel Yergin, vice chairman of IHS Markit.

Output could rise by as much …

Source: Reuters

Ida’s fury hits U.S. oil production, gasoline supplies


HOUSTON – Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the region’s offshore wells, nearly half its motor fuel production and closing energy-export ports.


The storm moved into Mississippi on Monday after leaving a …

Source: CNBC

US oil production plunges as the industry retrenches, and more cuts are expected after a price crash


The U.S. oil industry reacted to cratering oil prices by cutting production by 900,000 barrels a day in just a month in what appears to be the biggest one-month decline since the financial crisis.

U.S. government data shows that