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EIA expects U.S. fossil fuel production to reach new highs in 2023 - Climate Impact Capital EIA expects U.S. fossil fuel production to reach new highs in 2023 - Climate Impact Capital

EIA expects U.S. fossil fuel production to reach new highs in 2023

After declining in 2020, the combined production of U.S. fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 quadrillion British thermal units. Based on forecasts in our latest Short-Term Energy Outlook (STEO), we expect U.S. fossil fuel production to continue rising in both 2022 and 2023, surpassing production in 2019, to reach a new record in 2023.

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