U.S. crude oil production expected to increase through end of 2017, setting up record 2018">U.S. crude oil production expected to increase through end of 2017, setting up record 2018
(Mon, 16 Oct 2017) EIA forecasts that U.S crude oil production will average 9.4 million barrels per day (b/d) in the second half of 2017, 340,000 b/d more than in the first half of 2017. Production in 2018 is expected to average 9.9 million b/d, surpassing the previous high of 9.6 million b/d set in 1970, based on projections in EIAâs <em>Short-Term Energy Outlook</em> (STEO).
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