USA has peak productivity in 10 years

Currently, the growth of U.S. production in the last decade is due to the Permian Basin, one of the regions that has high oil productivity, and investment in shale oil and taut oil. Both made the American oil yield from less than 6 million to 12 million barrels per day (bpd).

In addition to the basin, the Gulf Coast region in the U.S. state also obtained an increase in its production from 1.2 million to 2 million barrels per day (bpd). However, even with a large increase in fuel productivity, according to studies carried out, there is a certain decline in American productivity, and that could only decrease with the increase in oil prices.

On the other hand, the Organization of Petroleum Exporting Countries (OPEC) tends to expect American productivity to decline to maintain the balance of oil market control.

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