U.S. CRUDE OIL PRODUCTION TO REMAIN RELATIVELY STABLE, DECREASE SLIGHTLY BY 2050: EIA SAYS IN ANNUAL ENERGY OUTLOOK REPORT TOTAL U.S. CONSUMPTION OF PETROLEUM, OTHER LIQUIDS TO FALL BY 11%-23% IN 2050 VS. 2025, MAINLY DUE TO INCREASED USE OF ELECTRI

2026-04-09

U.S. CRUDE OIL PRODUCTION TO REMAIN RELATIVELY STABLE, DECREASE SLIGHTLY BY 2050: EIA SAYS IN ANNUAL ENERGY OUTLOOK REPORT TOTAL U.S. CONSUMPTION OF PETROLEUM, OTHER LIQUIDS TO FALL BY 11%-23% IN 2050 VS. 2025, MAINLY DUE TO INCREASED USE OF ELECTRIC VEHICLES: EIA EIA ESTIMATES BRENT CRUDE PRICES BELOW $70 PER BARREL THROUGH 2030, ABOVE $75 IN LATE 2030S U.S. CRUDE PRODUCTION ESTIMATED TO BE BETWEEN 12.4 MLN BPD AND 12.7 MLN BPD BY 2050 VS. 13.6 MLN BPD IN 2025: EIA