Locator: 48513EIA.
The EIA data was released August 30, 2024.
In 1000's bopd.
Note:
- above 12 million bopd every month since August 2022
- above 13 million bopd every month since August 2023 (with one exception, January, 2024)
Month/month:
- from 13,189,000 bopd to 13,214,000 bopd = an increase of:
- 25,000 bopd
- 0,190%
In storage:
- 425 million bbls
- 25,000 x 30 days x 6 months = 4.5 million bbls
- analysts tracking the SPR: using metrics developed prior to the Bakken revolution
- US field production --
- 2011: 6 million bopd (Bakken revolution in ND reaching its stride)
- 2024: 13 million bopd
US EIA: link here. Domestic consumption has flatlined.
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