Julian Lee at Bloomberg does a nice job summarizing current trends in US oil production here: https://www.bloomberg.com/gadfly/articles/2017-01-15/us-shale-stage-set-for-the-reawakening-that-opec-dreads
“The EIA now sees U.S. production reaching 9.22 million barrels a day by December, an increase of 320,000 barrels over the year. But this could quickly start to look like a conservative forecast.”
Leave a Reply