Slowing the Flow

Column Published in syndication January 28, 2026

The US Energy Information Administration (EIA) recently released projections indicating little or no growth in US oil production for 2026. While still near 2025's record level of 13.6 million barrels per day (b/d), it's a notable shift from the expansionary pattern of the past few years. For 2027, a slight decrease is expected. The Permian Basin, Alaska, and offshore production in the Gulf may increase slightly, but these gains are projected to be offset by decreases in other areas.

• Tags:
• outlook,
• oil and gas