Tuesday,
February 25
February 25
EIA Monthly Energy Report
The U.S. Energy Information Administration will issue its Monthly Energy Review, providing data on energy production, consumption, prices and trade. The U.S. is projected to export more crude oil and petroleum combined than it imports until 2050, according to the Annual Energy Outlook 2020. The recent growth of domestic crude oil production has been driven by the development of tight oil resources, primarily in the Southwest which includes the Permian Basin. The agency expects development to continue in the Southwest, which is projected to account for 37 percent of the cumulative production from 2020-2050 in the reference case. READ MORE