Tag: NGL (natural gas liquids)

US crude oil production forecast to rise significantly by 2040 – EIA

In High Oil Price case, US becomes a net exporter of petroleum and other liquid fuels by 2022 The US Energy Information Administration projects that US petroleum and other liquid fuels production will grow from 14.8 million b/d in 2016 to 18.6 million b/d in 2040 in its Annual Energy Outlook 2016 (AEO2016) Reference case. Other […]