EIA: International demand will drive US production of petroleum and other liquids through 2050
Green Car Congress
APRIL 5, 2023
These cases include: The Reference case, which serves as a baseline, or benchmark, case. It also assumes the Brent crude oil price reaches $101 per barrel (b) (in 2022 dollars) by 2050. It also assumes 50% more undiscovered US oil and natural gas resources and 50% more effective technological improvements than in the Reference case.
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