The EIA’s short term forecast for US crude oil production from Oct 12, 2011-
Domestic crude oil production, which increased by 110 thousand bbl/d in 2010 to 5.5 million bbl/d, increases by a further 180 thousand bbl/d in 2011 and by 70 thousand bbl/d in 2012, driven by increased oil-directed drilling activity, particularly in unconventional shale formations.
The rapid growth in U.S. ethanol production since the mid-2000s is projected to slow with total production averaging 900 thousand bbl/d in 2011 and 910 thousand bbl/d in 2012.
Crude oil production is doing better than the 2011 projection and another 110,000 barrels per day in 2012 would put the US over 6 million barrels per day. This would get the US back to crude oil production levels of 1999-2000.
The USA also has 4.1 million barrels per day of non-crude oil.
4.1 mbd of other non-crude oil supply
2.2 mbd natural gas liquids
0.9 mbd renewable fuels
0.9 mbd ethanol
1.1 mbd refinery process gain
US crude oil production could increase by 500,000 to 1 million barrels per day each year through 2015 driven by North Dakota oil, Eagle Ford in Texas and Utica Shale. 7 million barrels per day would be crude oil production in the United States that was last seen in 1993.
If the US can get to 9 million barrels per day, that would be the most crude oil the USA has ever produced.
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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