EIA: International demand will drive US production of petroleum and other liquids through 2050
Green Car Congress
APRIL 5, 2023
Strong continuing international demand for petroleum and other liquids will sustain US production above 2022 levels through 2050, according to most of the cases in the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2023 (AEO2023). Eventually this trend becomes unprofitable, at which point new drilling stops.
Let's personalize your content