U.S. production of petroleum and other liquids to be driven by international demand

U.S. production of petroleum and other liquids to be driven by international demand
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04.04.2023

Strong continuing international demand for petroleum and other liquids will sustain U.S. production above 2022 levels through 2050, according to most of the cases we examined in our Annual Energy Outlook 2023 (AEO2023). We project that the United States will continue to be an integral part of global oil markets and a significant source of supply in these cases, as increased exports of finished products support U.S. production.

Full article at eia.gov

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