US oil output poised to hit 10 million barrels a day next year, breaking 1970 record, EIA says

CNBC | Tom DiChristopher | June 6, 2017 The U.S. Department of Energy on Tuesday signaled it is now more confident that U.S. oil production will rise to 10 million barrels a day next year, the highest average annual level on the books. The department’s Energy Information Administration forecast output would […] Read more »