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EIA report sees U.S. oil production rising by 9% in 2020, 3% in 2021

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    The Energy Information Administration (EIA) has predicted that the U.S. will see domestic oil production rise by 9% this year to reach 13.3 million barrels per day (bpd). Output will then grow at a lower rate in 2021, rising by 3% to 13.7 million bpd, the agency said in the January 2020 update of its Short-Term Energy Outlook.

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    Posted by Jennifer Delay Iacullo
    Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.