Domestic oil production in U.S. reached record levels KQKI News [Video]

By Shirleen Guerra | The Center Square – Feb 16, 2024

Domestic oil production in the U.S. reached a new record in November of 2023, hitting 13.31 million barrels per day, according to data from the U.S. Energy Information Administration.

The previous record was 13.25 million barrels per day. That was set in September 2023.

Production of crude oil in the U.S. has increased by 68% in the past 10 years. The U.S. produced 7.91 million barrels per day in November 2023.

The Independent Petroleum Association of America said that improvements in fracking technology have led to the record-levels of production.

The lobbyist for oil and natural gas producers stated on its website that “in roughly a decade’s time, advances in fracking technology have reversed the United States’ trajectory from that of energy scarcity” to being a world leader in oil production.

Hydraulic fracking has been used since 1947. It …