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Keyword: oilforcast

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  • EIA raises US oil forecasts for 2014-2015

    05/21/2014 3:40:01 PM PDT · by ckilmer · 12 replies
    abo.net ^ | May 13, 2014 | Lina Roger
    EIA raises US oil forecasts for 2014-2015 The U.S. Energy Information Administration (EIA) raised its estimates for U.S. oil production this year and next thanks to higher than expected production in the Gulf of Mexico COMMENTS( 0 ) In 2015, the United States will record its highest production since 1972. In its short term Energy Outlook, the U.S. Energy Information Administration said the country will produce 8.46 million barrels per day of crude oil in 2014, compared to 8.37 million barrels a day in the April forecast. For next year, the EIA estimates production of 9.24 million barrels a day...