In 2025 the USA Could Produce More Oil Than Saudi Arabia and Russia Combined

Next Big Future  May 2, 2019
The US Energy Information Agency Annual Energy Outlook high projection for oil and natural gas liquids would be 24 million barrels per day by 2025. If the technology goes right, the US could produce 28 million barrels per day by 2035-2045. Russia and Saudi Arabia have had flat oil and gas production at about 10-12 million barrels per day each. Russia and Saudi Arabia should have combined production of about 20-24 million barrels per day…read more.

EIA’s Annual Energy Outlook 2019 projects growing oil, natural gas, renewables production. Credit: EIA

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