U.S. Oil Production Shattered Records Again in 2024

Despite ongoing concerns about global economic volatility, energy transition policies, and fluctuating demand, the U.S. energy sector has demonstrated its unmatched resilience and innovation. Building on the record-breaking momentum of 2023, 2024 has proven to be another landmark year for oil production, driven by technological advancements, strategic investments, and favorable market conditions. A Second Consecutive Oil Production Record In 2023, U.S. oil production reached a record high, surpassing 12.9 million barrels per day, solidifying the…