Guests “Frac On!” by David Middleton
JANUARY 21, 2022
EIA expects US fossil fuel production to hit new high in 2023After falling in 2020, US combined output of fossil fuels (including natural gas, crude oil and coal) has increased 2% in 2021 to 77.14 billion UK thermal power units. . Based on our latest forecast Short-term energy outlook (STEO), we expect US fossil fuel production to continue to grow in both 2022 and 2023, surpassing 2019 production, reaching a new record in 2023.
Of total US fossil fuel production in 2021, dry natural gas accounting for 46%, the largest proportion. Crude oil accounts for 30%, coal accounts for 15%, and natural gas plant liquid (NGPL) for 9%. We expect these stocks to remain similar through 2023.
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Main Contributors: Ornella Kaze
Card: production / supply, coal, nature Air, STEO (Short Term Energy Outlook), liquid fuel, crude oil, oil
Average daily crude oil production is forecast to surpass the 2019 all-time high in 2023.
Natural gas production has surpassed a record in 2019.
Of course Permian Basin leading the charge…
Permian oil production record
By Irina Slav – January 19, 2022Crude oil production in Permian shale hit a record high last month, averaging 4.92 million bpd, the Energy Information Administration reports in its latest issue. version of its Drilling Productivity Report.
But top shale play in the United States is seen to have driven output even higher, to 4.996 million bpd this month and 5.076 million bpd in February, the EIA also said. . Bloomberg noted in a report on the news that this makes Permian alone a bigger producer than any OPEC member except Saudi Arabia.
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February 2020”We will eliminate fossil fuels”…
January 2022
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