News From the Oil Patch: U.S. sets all-time crude production record
Oct 16, 2023
U.S. operators set an all-time record for crude oil production last week. According to the Energy Information Administration, domestic output averaged 13,218,000 barrels per day last week. That’s the best weekly tally ever, 140,000 barrels per day higher than the previous record set in March of 2020. The Energy Information Administration says the total is up 298,000 barrels per day from a week ago and nearly 1.3 million barrels per day higher than a year ago.
