24JAN2018 - NEWS - EIA expects total U.S. fossil fuel production to reach record levels in 2018 and 2019

The EIA forecasts that U.S. fossil fuel production will hit record levels in both 2018 and 2019, averaging 73 quadrillion BTUs and 75 quadrillion BTUs, respectively. This surging level of energy production is largely the result of soaring oil and gas output. Natural gas production is expected to jump to 80.4 Bcf/d in 2018, up 9 percent compared to last year, and crude oil output is expected to average 10.3 million barrels per day, an increase of 10 percent from 2017 levels.