EIA: International demand will drive US production of petroleum and other liquids through 2050
Green Car Congress
APRIL 5, 2023
It also assumes the Brent crude oil price reaches $101 per barrel (b) (in 2022 dollars) by 2050. The High Oil and Gas Supply case, which assumes 50% more ultimate recovery per well for tight oil, tight gas, or shale gas in the United States compared with the Reference case.
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