If you're not concerned about the rate at which U.S. crude oil production could grow this year, you should be, ConocoPhillips Chief executive Officer Ryan Lance said on a conference call on Thursday, according to Bloomberg. U.S. crude oil production has grown from 11 million bpd at the beginning of 2021 to 11.
7 million bpd at the beginning of 2022. But production in the United States could see sharper growth this year, Lance noted. According to Lance, U.S. crude oil production could grow by as much as 900,000 bpd over the course of 2022—this…Blackrock: Oil Firms With Net-Zero Plans Are An “Under-Appreciated Opportunity”
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