The United States produced more crude oil than any other country in 2023, for the sixth year in a row, with production averaging 12.9 million barrels per day, up from 12.3 million bpd in 2019, which set a global record at the time, according to the Energy Information Administration (EIA). The U.S. also set a monthly global production record in December, hitting 13.3 million bpd that month. The potential for any other country to beat this monthly record in the short term is very low, according to the EIA, based on capacity. The only…
