Tag: International Energy Outlook

World tight oil production to more than double from 2015 to 2040

US tight oil production reached 4.6 million b/d in March 2015 but fell to 4.1 million b/d in June World tight oil production is expected to more than double between 2015 and 2040, increasing from 4.98 million b/d in 2015 to 10.36 million b/d in 2040, according to the US Energy Information Administration’s International Energy Outlook […]