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API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

Green Car Congress

April saw the US produce a record 10,543,000 barrels per day (MBD) of oil, according to data from the American Petroleum Institute. The first four months of this year also saw US petroleum demand average 750,000 barrels a day above the same period in 2017 despite higher prices. Domestic WTI crude oil prices averaged $66.25

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API: March US Gasoline Demand and Production Set Records

Green Car Congress

The record gasoline production in March makes it abundantly clear that supply is not an issue with the higher gasoline prices we’ve seen. Sharply higher crude oil prices are driving that, and they continue to put upward pressure on the price at the pump. Domestic crude oil production in March 2010 hit 5.5

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