@EIAgov projects: 2019: 12.3 million barrels/day 2023: 12.4 million b/d 2024: 12.8 million b/d
Steve Ratner, a frequent guest on the Morning Joe show, recently showed one of his many graphs, which surprisingly showed that U.S. Crude Oil Production has gone up from 12.3 Million in 2019 to an estimated 12.4 M in 2023 and 12.8 M in 2024.
While the naysayers claim that the figures in this chart are selective, and do not paint the whole picture, what is does show is that during a specific period of time, we have returned to pre-COVID oil production in the USA, and it will go higher this year and next year.
I will be posting some of Ratner’s charts and thoughts in the months to come, in search of real data, and not just opinions or fake news.
