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home / news releases / USOU - Is U.S. Oil Production Growth Slowing?

USOU - Is U.S. Oil Production Growth Slowing?

United States 3x Oil Fund

This is a guest post by Ovi.

All of the oil production data for the states comes from the EIA?s Petroleum Supply Monthly.

The charts below are updated to September 2019 for the largest US oil-producing states (>100 kb/d).

There continues to be much speculation and information pointing to a potential slowing of US oil production. However, the latest production data from the EIA continues to point higher, albeit at a slower rate.

US C + C production reached a new high of 12,463 kb/d in September, according to the November EIA 914 report

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Stock Information
Company Name: United States 3x Oil Fund
Stock Symbol: USOU
Market: NYSE
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