US Oil
Production declined from 8.874 million barrels per day in 1985 to 3.813 million
barrels per day in 2005, Fracking allowed more oil production and it increased
to 5.562 million barrels per day in 2010. Trump unleashed oil production in
2017 and US oil production is currently 12.600 million barrels per day. US oil
consumption is currently 20,000 million barrels per day. See below.
Sept 1985
8.874 million bpd
Sept 1990
7.041 million bpd
Sept 1995
6.450 million bpd
Sept 2000
5.862 million bpd
Sept 2005
3.813 million bpd
Sept 2010
5.562 million bpd
Sept 2015
9.096 million bpd
Oct 2019 12.600 million bpd
US
natural gas production reached 92.8 billion cubic feet in October 2019. The US is a net exporter of liquid natural
gas LNG.
In its latest Short-Term Energy Outlook, EIA
forecasts U.S. LNG exports will
average 4.8 Bcf/d in 2019 and
6.9 Bcf/d in 2020 as new liquefaction trains at Cameron, Freeport, and Elba
Island are commissioned in the next 18 months. By 2021, six U.S. liquefaction projects are
expected to be fully operational.- 7/29/19.
Norb
Leahy, Dunwoody GA Tea Party Leader
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