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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Glenn Petersen who wrote (197579)	3/9/2017 1:25:14 PM
From: kidl	Read Replies (3) of 206184

Fuel on the fire ... U.S. oil production forecasts revised higher: Kemp Thu Mar 9, 2017 1:20pm GMT Print \| Single Page [-] Text [+] (John Kemp is a Reuters market analyst. The views expressed are his own) * Chart 1: tmsnrt.rs/2moZoqc * Chart 2: tmsnrt.rs/2moXWnN * Chart 3: tmsnrt.rs/2niqnRS * Chart 4: tmsnrt.rs/2n9vFzX By John Kemp LONDON, March 9 (Reuters) - U.S. oil production forecasts for 2017 and 2018 have been boosted significantly as a result of rising prices as well as improved modelling techniques for predicting output down to the well level. Crude production is expected to reach 9.53 million barrels per day (bpd) in December 2017, according to the latest forecasts from the U.S. Energy Information Administration (EIA). Forecast output for December 2017 has been revised up from 8.29 million bpd when the agency prepared its predictions in March last year ( tmsnrt.rs/2moZoqc). Continued... af.reuters.com

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