US Oil Production Hits Record High in 2025, Defying Expectations Despite Lower Drilling Activity
US oil production has surged to an all-time high of nearly 21 million barrels per day in May 2025, marking 50% growth in just four years. Despite a five-year low in active fracking crews, American shale producers are drilling faster, extending well reach, and cutting costs to achieve record output. This in-depth analysis explores the …