US Oil Production to Rise Amid Middle East Tensions
Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. crude oil and natural gas production expected to rise over the next two years due to Middle East war disruptions, with gasoline prices remaining relatively stable. U.S. output forecast at 13.6 million barrels per day in 2025 and 2026, increasing to 13.8 million in 2027, primarily from shale areas like Permian and Eagle Ford basins. Global oil surplus projected by late 2026, potentially lowering prices.
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