Tag Archives: Energy Information Administration
New Report Predicts Record Breaking U.S. Oil Production
By Mitch Borden The federal government’s energy outlook for 2019 looks to be pretty positive for oil producers in West Texas. It is predicting the country will continue to see recording-breaking oil production. By next year, the Energy Information Administration, or … Continue reading
Posted in KRTS News
Tagged EIA, Energy Information Administration, Net Exporter, Oil & Gas, oil production, Permian Basin, West Texas, West Texas Intermediate
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Outcome of Iran Nuclear Talks could affect Global Oil Markets
The Energy Information Administration’s (EIA) annual Energy Outlook predicts a rebound in global crude oil prices in the years ahead. The outlook says oil prices will start gradually rising after 2015 thanks to increasing global oil demand. EIA Administrator Adam … Continue reading