What's New

Electric Power Monthly  ›

July 25

World Oil Transit Chokepoints ›

July 25

Prime Supplier Report  ›

July 24

More ›

Coming Up

AEO Retrospective Review ›
International Energy Outlook ›
Ecuador Country Analysis Brief ›
More ›

Posted July 25, 2017Today in Energy

U.S. crude oil production forecast expected to reach record high in 2018 ›

In EIA’s latest Short-Term Energy Outlook (STEO), total U.S. crude oil production is forecast to average 9.3 million barrels per day (b/d) in 2017, up 0.5 million b/d from 2016. In 2018, EIA expects crude oil production to reach an average of 9.9 million b/d, which would surpass the previous record of 9.6 million b/d set in 1970. More


Source: EIA, Short-Term Energy Outlook, July 2017

Features

Electricity Data Browser

Electric System Operating Data Tool ›

Near real-time electricity operations data for the Lower 48 states.

2017 EIA Energy Conference

2017 EIA Energy Conference ›

Presentations from the 2017 conference are now available.

U.S. Energy Mapping System

U.S. Energy Mapping System ›

Rankings, layers of energy information, and state comparisons

Data Highlights

WTI crude oil futures price

7/24/2017: $46.34/barrels

up$0.32 from week earlier
up$2.15 from year earlier

Natural gas futures price

7/24/2017: $2.899/MMBtu

down$0.121 from week earlier
up$0.122 from year earlier

Retail gasoline price

7/24/2017: $2.312/gal

up$0.034 from week earlier
up$0.130 from year earlier

Retail diesel price

7/24/2017: $2.507/gal

up$0.016 from week earlier
up$0.128 from year earlier

Weekly coal production

7/15/2017: 15.254 million tons

up1.814 million tons from week earlier
up3.130 million tons from year earlier

Outlooks

Short-Term Energy Outlook

Annual Energy Outlook

International Energy Outlook

Learn About Energy

Energy Explained

Frequently Asked Questions

Small image of Energy Kids banner with host Energy Ant