{"id":65461,"date":"2022-04-13T15:00:00","date_gmt":"2022-04-13T19:30:00","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/eia-us-crude-production-to-increase-at-slower-than-expected-pace\/"},"modified":"2022-12-20T14:54:13","modified_gmt":"2022-12-20T19:24:13","slug":"eia-us-crude-production-to-increase-at-slower-than-expected-pace","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/eia-us-crude-production-to-increase-at-slower-than-expected-pace\/","title":{"rendered":"EIA: US crude production to increase at slower-than-expected pace"},"content":{"rendered":"\n<p><strong>By:<\/strong> Dr. Franyi Sarmiento, Ph.D., Inspenet, April 13, 2022.<\/p>\n\n<p>US crude output will grow at a slower-than-expected pace as shale producers face higher production and labor costs amid runaway inflation.<\/p>\n\n<p>Production in 2022 is now expected to average 12.01 million barrels per day compared with the previous forecast of 12.03 million barrels per day, according to the Energy Information Administration.<\/p>\n\n<p>The revisions come as the Biden Administration struggles to contain rising inflation fueled by rising energy costs. Oil has soared above $100 as the war in Ukraine has limited exports of Russian crude to the world market as OPEC and its allies struggle to meet production targets.<\/p>\n\n<p>Meanwhile, many publicly traded oil producers in the US have increased production at a more moderate pace compared to previous price booms, as investors pressure them to increase yields.<\/p>\n\n<p>By 2023, the EIA expects production to increase by 940,000 barrels per day to an average of 12.95 million, compared with its previous forecast of an increase of 960,000 barrels per day.<\/p>\n\n<p>Oil demand is expected to increase 800,000 barrels per day to 20.58 million against an increase of 870,000.<\/p>\n\n<p><strong>Source:<\/strong> <a href=\"https:\/\/petrobanca.com\/la-produccion-de-crudo-de-ee-uu-aumentara-a-un-ritmo-mas-lento-de-lo-esperado-dice-la-eia\/\" target=\"_blank\" rel=\"noopener\">https:\/\/petrobanca.com\/la-produccion-de-crudo-de-ee-uu-aumentara-a-un-ritmo-mas-lento-de-lo-esperado-dice-la-eia\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 13, 2022.<br \/>\nUS crude output will grow at a slower-than-expected pace as shale producers face higher production and labor costs amid runaway inflation.<\/p>\n","protected":false},"author":838,"featured_media":34870,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-65461","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/65461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/838"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=65461"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/65461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/34870"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=65461"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=65461"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=65461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}