US oil production headlines may have gotten ahead of themselves

Author: Adam Button | Category: News

Author: Adam Button

  • EIA expects US oil production to average 7.5 million barrels per day in 2019 compared to 6.5 mbpd currently
  • US to become nat gas net exporter in 2020
  • See nat gas prices below $4 through 2018

The chatter about US oil growth is a bit ahead of itself. For me, the story is more about attracting investment at this point than exporting production.