Domestic Oil Production Some of the oil that the U.S. consumes is produced domestically. But while consumption has been on the rise over the years, production is at a 50-year low. In 2005 the ...

U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...

(US oil production in recent years has been remarkably prolific. According to the Energy Information Administration (EIA), the United States produced more crude oil than any other country between ...

The US Energy Information Administration (EIA) forecasts that US oil production will peak at 14 million barrels per day (mbbl/d) in 2027, maintaining this level until the end of the decade, before ...

The U.S. oil industry, despite calls by Trump to "drill baby ... growth prospects in the world's second-largest consumer, which had driven rises in oil consumption for years. Global oil prices have ...

The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United ...

The EIA's Annual Energy Outlook highlights that the US will see a gradual decline from the current production level of around 13.7mbbl/d. Credit: CHUYKO SERGEY/Shutterstock. · Offshore Technology ...