Annual average U.S. crude oil production reached 9.3 million barrels per day (b/d) in 2017, an increase of 464,000 b/d from 2016 levels after declining by 551,000 b/d in 2016. In November 2017, monthly U.S. crude oil production reached 10.07 million b/d, the highest monthly level of crude oil production in U.S. history. U.S. crude oil production has increased significantly over the past 10 years, driven mainly by production from tight rock formations using horizontal drilling and hydraulic fracturing . EIA projects that U.S. crude oil production will continue to grow in 2018 and 2019 , averaging 10.7 million b/d and 11.3 million b/d, respectively. Source: U.S. Energy Information Administration, Petroleum Supply Monthly and State Energy Data System Note: EIA’s State Energy Data System has annual values for crude oil production for 1970 through 1980. Although much has changed since 1970, […]