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Posted May 21, 2018Today in Energy

United States remains the world’s top producer of petroleum and natural gas hydrocarbons ›

The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%. More

estimated petroleum and natural gas hydrocarbon production in selected countries

Source: U.S. Energy Information Administration

    Data Highlights

    WTI crude oil futures price

    5/18/2018: $71.28/barrel

    up$0.58 from week earlier
    up$21.93 from year earlier

    Natural gas futures price

    5/18/2018: $2.847/MMBtu

    up$0.041 from week earlier
    down$0.335 from year earlier

    Weekly coal production

    5/12/2018: 14.278 million tons

    up0.710 million tons from week earlier
    up0.995 million tons from year earlier

    Natural gas inventories

    5/11/2018: 1,538 Bcf

    up106 Bcf from week earlier
    down821 Bcf from year earlier

    Crude oil inventories

    5/11/2018: 432.4 million barrels

    down1.4 million barrels from week earlier
    down88.4 million barrels from year earlier

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