Production

US crude oil output could peak in two years, EIA says

Agency sees US hitting 14 million bpd by 2027 before steady declines; natural gas output could continue to climb

In this 11 June 2019 file photo, a pump jack operates in an oil field in the Permian Basin in Texas.
In this 11 June 2019 file photo, a pump jack operates in an oil field in the Permian Basin in Texas.Photo: ODESSA AMERICAN VIA AP/SCANPIX
North America Energy CorrespondentBaton Rouge
Published 15 April 2025, 19:26Updated 15 April 2025, 19:26
USOccidentalVicki HollubConocoPhillipsRyan Lance