Tuesday, June 6, 2017

Historical Look At EIA Forecasts For 2017 US Crude Oil Production -- June 6, 2017

This is a most interesting graph, from John Kemp, via Twitter. This graph shows EIA forecasts for US crude oil production in 2017 beginning last January, 2016.

This graph speaks volumes.

For me, it speaks to the ingenuity and the entrepreneurial spirit of US companies and their workers.

And this is the current EIA forecast for US production of crude oil in 2018.

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