U.S. crude oil production falls 8% in 2020 — largest decrease on record

Largest Crude Oil Increase Thumb - The Chemical Company

A recent Today in Energy article, published by the U.S. Energy Information Administration, announced the largest crude oil production decrease in the U.S. Energy Information Administration’s records. U.S. production fell from 12.2 million barrels per day (b/d) in 2019 to 11.3 million b/d in 2020, a decrease of 8%. Apparently, the production decline was the […]