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Record oil production in the United States

2024-01-18T18:35:33.530Z

Highlights: Record oil production in the United States. In 2023, the country consolidated its position as the world's leading producer of black gold, ahead of Russia. Average US oil production will amount to 13.2 million barrels per day (bpd) this year and 13.4 million next year. Natural gas production is also expected to reach an unprecedented level. Since Barack Obama, all American presidents have stimulated… This article is reserved for subscribers. You have 79% left to discover. Do you want to read more? Unlock all items immediately.


DECRYPTION - In 2023, the country consolidated its position as the world's leading producer of black gold, ahead of Russia.


At the end of 2023, during COP28 in Dubai, nearly 200 countries, including the United States, enacted the

“transition away from fossil fuels”

to fight global warming.

Yet last year, oil and gas production reached record levels in the United States.

And new peaks are expected to be recorded in 2024 and 2025. Average US oil production will amount to 13.2 million barrels per day (bpd) this year and 13.4 million next year, says the Energy Information Administration (EIA).

Natural gas production is also expected to reach an unprecedented level.

According to the Rystad Energy firm, the United States increased its crude production by nearly 1 million barrels per day in one year, bringing it to nearly 13 million.

The country is, by far, consolidating its position as the world's leading producer of black gold, thanks to shale hydrocarbons, extracted in a particularly polluting manner.

New infrastructure

Since Barack Obama, all American presidents have stimulated…

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Source: lefigaro

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