Bentek Energy: Combined Crude Output in U.S., Canada to Increase 36% by 2016

摘要

Total U.S. and Canadian crude oil production is projected toreach a record high in 2016 of more than 12 million barrelsper day (b/d) – outpacing U.S. demand growth – and over-seas U.S. oil imports are projected to drop 41% by 2016 asthey are pushed out by the new production, a collection ofmarket reports show.