Despite growth late in the year, U.S. crude oil production decreased in 2016

Despite increasing crude oil prices throughout most of 2016, total U.S. crude oil production in 2016 was below its 2015 level. However, monthly production began growing in the fourth quarter of the year after declining over the first three quarters. Source: Today in Energy – Despite growth late in the year, U.S. crude oil production decreased in 2016

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Source: CTRM Center

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