09222018Sat
Last updateThu, 20 Sep 2018 3pm

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End-User News

U.S. Poised to Become World's Top Oil Producer

The U.S. Energy Information Administration forecasts total U.S. crude oil production to average 10.8 million b/d in 2018, up 1.4 million b/d from 2017. In 2019, crude oil production is forecast to average 11.8 million b/d. If realized, the forecast for both years would surpass the previous record of 9.6 million b/d set in 1970. Crude oil production at these forecast levels would make the U.S. the world’s leading crude oil producer in both years. 

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