EIA: U.S. Could See Record Crude Oil Production in 2023 and 2024

January 27, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. crude oil production could reach record levels in 2023 and 2024, according to a recent forecast by the U.S. Energy Information Administration (EIA), largely driven by production growth in the Permian Basin and offshore Gulf of Mexico (GOM).