US crude oil production could be more than Saudi Arabia in January

[ScienceRocks]

US crude oil production could be more than Saudi Arabia in January
brian wang | December 19, 2017 |
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The Dec 8, 2017 weekly EIA oil production report was that US production was at 9.78 million barrels per day. The US may end December with 9.9 million barrels per day. Rystad Energy’s comprehensive well data for the United States shows that domestic oil production could pass 9.9 million barrels per day in December 2017.

U.S. shale production is expected to rise for a 13th consecutive month to a new record in January, the U.S. Energy Information Administration said on Monday.
January output is forecast to increase by 94,000 bpd to 6.41 million bpd, according to the EIA’s monthly drilling productivity report.

This could put US production at 10.1 million barrels per day.
US Crude oil production will be over 10 million barrels per day in January and this will be more than Saudi Arabia.

The US will likely add 1 million barrels per day in 2018 and will pass Russia’s 11 million barrels per day.

US crude oil production could be more than Saudi Arabia in January | NextBigFuture.com

nice...

 

[Viacheslav]

nice...

"It will be nice" when the US starts exporting crude oil in the same quantities and will compete in the oil market with Saudi Arabia. I think after this the US government will suddenly notice that the regime in Saudi Arabia is not democratic, and the Saudis violate human rights

 

[Old Rocks]

The US might even notice then that Saudi's provide most of the funding for terrorists.