US Oil Production week of June 21, 2019 = 12,100 Thousand Barrels a Day (Pre Pandemic)
US Oil Production week of June 24, 2022 = 12.100 Thousand Barrels a Day
2018 10,900
2020 11,000 (Pandemic)
2021 11,100
Now just need to keep increasing it over the summer.
Drilling Rigs were up 23 last week but down -3 this week. Currently 750 active drilling rigs in the US which is 40 lower that pre pandemic but about 250 lower than peak 2018. Needs to keep increasing for a while depending on what Opec does.
https://www.eia.gov/dnav/pet/hist/LeafH ... RFPUS2&f=W
US Oil Production week of June 24, 2022 = 12.100 Thousand Barrels a Day
2018 10,900
2020 11,000 (Pandemic)
2021 11,100
Now just need to keep increasing it over the summer.
Drilling Rigs were up 23 last week but down -3 this week. Currently 750 active drilling rigs in the US which is 40 lower that pre pandemic but about 250 lower than peak 2018. Needs to keep increasing for a while depending on what Opec does.
https://www.eia.gov/dnav/pet/hist/LeafH ... RFPUS2&f=W
