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EIA revises US oil, gas production forecasts for 2021
4/7/2021

The Energy Information Administration expects US oil production to decline by 270,000 barrels per day to 11.04 million bpd in 2021, down from an earlier forecast of a 160,000-bpd drop. Meanwhile, natural gas production is projected to increase to 91.41 billion cubic feet per day this year and 93.29 Bcd/d in 2022.

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