Crude oil production in the United States rebounded in January to an average of 12.462 million barrels per day, according to new data released Friday by the Energy Information Administration. The 12.462 million bpd level was the highest production level the United States has seen since March of 2020, shortly after the pandemic took hold in the country. Production of crude oil in the United States reached a pandemic low of 9.713 million bpd in May of 2020. By 2022, production had somewhat recovered, starting the year at 11.369 million bpd and ending…
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