Contents

1. Updates

The U.S. Energy Information Administration (EIA) has released a nice clear chart (link below) showing the amount of oil produced per country over the last 10 years. Over the last 6 years the US has been in first place despite having far less proven reserves than the next 2 largest producers, Saudi Arabia and Russia. In 2023 the US produced nearly as much oil as the 4th, 5th and 6th top producers combined. Set by the USA, the previous world record for a single country's production daily average was in 2019 at 12.3 billion barrels a day. In 2023 USA averaged 12.9 billion barrels of oil per day.

Updates :-

• Aba Selassie
  US production more than doubled in the 10 years between 2008 and 2018!
• Clare Marshall
  US is very likely to be the only country to ever average more than 13 billion barrels per day.
• Urian Udell
  Despite some political efforts, production is certain to rise further in the short term.
• Amanda Duarte
  The Permian Basin accounts for around 60% of the increase over the last 10 years or so

More on this story at > >U.S. Energy Information Administration (EIA)

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