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According to Bloomberg News in New York on July 10, the US government believes that even in the presence of transportation jams in the country's most profitable shale outlook, U.
S.
crude oil production will rise further next year
.
The U.
S.
Energy Information Administration (EIA) believes the U.
S.
will average 11.
8 million barrels per day in 2019, up from 11.
76 million barrels
in June.
EIA Administrator Linda Capuano said: "EIA forecasts that the United States will produce an average of nearly 12 million barrels of crude
oil per day in 2019.
If the forecast is true, the United States will become the world's largest crude oil producer next year
.
”
Since February, the average U.
S.
crude oil production has been above the 10 million barrels per day mark
, people familiar with the matter said.
Meanwhile, Saudi Arabia recently told OPEC that it produced an average of 10.
5 million barrels of crude
oil per day in June as Saudi Arabia tried to limit rising oil prices by increasing production.
According to Bloomberg News in New York on July 10, the US government believes that even in the presence of transportation jams in the country's most profitable shale outlook, U.
S.
crude oil production will rise further next year
.
The U.
S.
Energy Information Administration (EIA) believes the U.
S.
will average 11.
8 million barrels per day in 2019, up from 11.
76 million barrels
in June.
EIA Administrator Linda Capuano said: "EIA forecasts that the United States will produce an average of nearly 12 million barrels of crude
oil per day in 2019.
If the forecast is true, the United States will become the world's largest crude oil producer next year
.
”
Since February, the average U.
S.
crude oil production has been above the 10 million barrels per day mark
, people familiar with the matter said.
Meanwhile, Saudi Arabia recently told OPEC that it produced an average of 10.
5 million barrels of crude
oil per day in June as Saudi Arabia tried to limit rising oil prices by increasing production.