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U.S. Oil Production Hits 12 Million Barrels Per Day For The First Time Ever

Jeff Katz
July 01, 2019 - 10:15 am

According to a new report from the government, oil production in the U.S. reached historic levels in the month of April. 

The report shows that oil production grew to 12.16 million barrels a day. Shale (a sedimentary rock used in oil production) production in areas such as the Permian Basin of West Texas have recently hit all-time highs, which has caused U.S. oil production to overtake that of Saudi Arabia and Russia, according to Breitbart.

Rystad Energy projected the U.S. would produce about 12.5 million barrels per day in May. Those numbers are expected to rise by the end of 2020.