As sophisticated as the U.S. Energy Information Administration's data collection is and as adept as its number crunching may be, EIA Administrator Adam Sieminski told the North Dakota Petroleum Council that U.S. oil and gas production growth seemed to be pushing the upper limits of EIA's rosiest projections. He noted that the reference case-which assumes existing law and regula-tion-in EIA's Annual Energy Outlook 2014 projected total U.S. crude oil production would rise to almost 10 million barrels a day in the next couple years before it plateaued. AEO2014 's high resource case-EIA's optimistic scenario-projects output will grow to nearly 13 million barrels a day by 2025.
展开▼
