EIA Report: U.S. Crude Oil and Lease Condensate Production Sets Record

EIA data show that U.S. crude oil and lease condensate production surpassed 8.6 million bbl/d in August 2014, the highest level since July 1986. On November 17, 2014, the Energy Information Administration (EIA) released a report highlighting that U.S. crude oil and lease condensate production exceeded 8.6 million barrels per day (bbl/d) in August, the…