US oil and gas production hit fresh record high in August, EIA data shows
ReutersOct 31, 2025 4:24 PM
NEW YORK, Oct 31 (Reuters) - U.S. oil and gas production rose to record highs in August, data from the Energy Information Administration showed on Friday, shrugging off concerns that the market is heading towards a surplus.
U.S. crude oil output rose 86,000 barrels per day to a record 13.8 million bpd, while gross natural gas output from Lower-48 states rose 709 million cubic feet per day to 122.85 billion cubic feet per day.
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