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Future U.S. tight oil and shale gas production depends on resources, technology, markets

Based on projections in the U.S. Energy Information Administration’s “Annual Energy Outlook 2016” (AEO2016), U.S. tight oil production is expected to reach 7.08 million barrels per day (b/d), and shale gas production is expected to reach 79 billion cubic feet per day (Bcf/d) in 2040. …read more

Source:: TODAY IN ENERGY