中文字幕无码久久人妻_中国无码a一级刺激片_国产综合色产在线观看_色多黄片资源2020

U.S. oil production capacity approaches 10 mln barrels per day

Source: Xinhua| 2017-12-30 07:34:21|Editor: Lifang
Video PlayerClose

HOUSTON, Dec. 29 (Xinhua) -- Data released Friday by U.S. Energy Information Administration (EIA) for October showed that U.S. oil production could reach 10 million barrels a day by end of 2017.

The U.S. oil production in October was over 298 million barrels, or 25 million barrels more than that in January. And its production capability was over 9.6 million barrels a day, or 9.2 percent higher than January.

"U.S. crude oil production in October rose to the highest in more than 46 years and the production is expected to continue rising in 2018 to past historical level recorded in 1971 which will have significant effects on global energy balance," Linhua Guan, chairman of the Houston-based Star Energy International Corporation, told Xinhua on Friday.

"The advent of technological improvements in horizontal drilling and hydraulic fracturing together with other technology advancements have led to the shale energy revolution in the USA which will shift the tectonic plates of global powers and geopolitics," Guan said.

U.S. oil prices settled above 60 U.S. dollars a barrel on Friday for the first time since late June 2015, finishing the year 41 percent higher than its lowest point earlier this year.

The price rose 58 cents to 60.42 dollars a barrel in New York on Friday, propelled by Energy Department data showing U.S. crude inventories fell 4.6 million barrels last week.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001368607691