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home / news releases / USAI - Slow And Steady: The Deceleration Of U.S. Oil Production Growth


USAI - Slow And Steady: The Deceleration Of U.S. Oil Production Growth

By Bryce Bingham

Oil production in the US has seen an explosion of growth over the last decade, which resulted in the US becoming the world's leading producer of oil last year. From 2010 to 2018, annual US crude production more than doubled, increasing from 5.5 million barrels per day (MMBpd) to nearly 11 MMBpd. However, production growth has begun to slow down, and it appears that the days of double-digit annual production growth may soon be coming to an end. Is the rate of US oil production growth topping out, and if so, should

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Stock Information

Company Name: American Energy Independence
Stock Symbol: USAI
Market: NYSE

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