US Crude Production Keeps Hitting New Records and Texas is Over 5 Million Barrels Per Day

By Brian Wang U.S. crude oil production reached a new all-time daily average high of 12.2 million barrels per day (MMbpd) in May. In May, Texas crude oil output was over 5 MMbpd for the first time. Texas is only behind Russia, Saudi Arabia and the USA in crude oil output. U.S. crude production would hit 13.4 MMbpd by December, 2019.Read More
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