US crude oil production booming

The US production of crude oil and natural gas condensate hit the highest volume in almost 30 years this past August, according to a new analysis from the US Energy Information Administration.
BY KATRINE GRØNVALD RAUN

One has to go back almost 30 years to find a similar output of US crude oil and natural gas condensate as seen in August this year, where production surpassed 8.6 million barrels per day - a volume not seen since July 1986, according to a new analysis from the US Energy Information Administration, EIA.

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