US EIA: US crude oil production fell by 8% in 2020, the largest annual decrease on record
Green Car Congress
MARCH 10, 2021
million b/d in 2019, according to the US Energy Information Administration (EIA). In March 2020, crude oil prices decreased because of the sudden drop in petroleum demand that resulted from the global response to the coronavirus (COVID-19) pandemic. million b/d set in 2019. US crude oil production averaged 11.3 million b/d.
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