EIA reports show different aspects of U.S. oil production statistics and trends (7/29/2015)

As crude oil prices and rig counts have fallen significantly since late 2014, changes in U.S. crude oil production statistics and trends have come into focus. EIA publishes several reports covering current crude oil production conditions and how recent trends may affect the near-term outlook for the oil industry (Figure 1). Each EIA product is distinct in its purpose, methodology, timeframe, and regional coverage. Some reports are estimates of actual production volumes, while others focus on future production. ... More »