EIA: US oil production will continue to grow until 2030

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According to the Energy Management Information (EIA) Annual Report of the US Department of Energy, oil production in the country will continue to grow until 2030, and by 2040 production will remain at more than 14 million barrels per day.

Volumes of production until 2030, EIA analysts expect at around 6 million barrels per day. The continuation of the development of hard-to-recover oil and shale gas resources in the eastern and south-western regions will contribute to maintaining such production rates.

By 2050, according to forecasts of the US Department of Energy, the production of dry natural gas will reach 43.4 trillion cubic meters. feet

As previously reported, the ministry has left unchanged its forecast for the production of "black gold" in 2019, at the level of 12.1 million barrels per day.

The material has been provided by InstaForex Company - www.instaforex.com