U.S. Crude Oil Production Rises Due to Enhanced Wells Productivity: EIA

U.S. crude oil production has risen significantly over the last decade, in line with productivity increases at new wells according to a Mar .5 report published by the U.S. Energy Information Administration. The U.S. became the world’s largest crude oil producer in 2018 and as of October 2023 accounts for about 16 percent of total…...