U.S. crude oil production reaches historic milestone

U.S. production of crude oil has reached historic levels, surpassing previous highs set nearly 50 years ago. In January, crude production was 10.2 million barrels per day (bpd), topping 10.04 million bpd in 1970. The Energy Information Agency reported that daily crude oil production in late January hrough February 2 surged by 330,000 barrels from the […]
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