Study forecasts more increases in US oil production

Study Forecasts More Increases in US Oil Production

Even though there appears to be signs of weakening in the crude oil and natural gas production boom in the U.S., a new report from the Energy Information Administration (EIA) predicts continued production increases through 2020. EIA revised its Short-Term Energy Outlook this week forecasting a 119,000 barrels per day…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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