Author: WeWorldMedia-admin

United States on track for record crude oil production in 2026

Published: 10 September 2026
Categories: US Energy Information Administration

RSS feed source: US Energy Information Administration

In-brief analysis

September 10, 2026

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, September 2026
Note: 1H2026=first half of 2026

We forecast U.S. crude oil production will average 13.8 million barrels per day (b/d) in 2026, surpassing the previous record of 13.7 million b/d set in 2025, in our latest Short-Term Energy Outlook (STEO).

In the first half of 2026 (1H26), crude oil production averaged 13.7 million b/d, 2% (0.3 million b/d) more than the same period in 2025. Most of this expansion is concentrated in the Permian region in Texas and New Mexico and the Federal Gulf of America.

Permian. We forecast Permian oil production will average 6.8 million b/d in 2026, 3% more than in 2025. Production growth in the Permian region is driven by higher crude

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New England natural gas prices have been trading near record discounts to Henry Hub

Published: 9 September 2026
Categories: US Energy Information Administration

RSS feed source: US Energy Information Administration

In-brief analysis

September 9, 2026

Data source: Natural Gas Intelligence

Low-cost Appalachian and Canadian natural gas supplies coupled with lower-than-usual regional consumption have pushed down natural gas prices at a major New England pricing hub in recent months to trade at a discount to the widely cited U.S. benchmark, Henry Hub.

Natural gas prices at Algonquin Citygate averaged 43 cents per million British thermal units (MMBtu) less than Henry Hub from April through July 2026, the second-largest discount for the period, according to Natural Gas Intelligence data going back to 1999.

Over the past several years, the price for natural gas at Algonquin Citygate typically traded at a premium to Henry Hub during the winter months as natural gas demand increased for home heating. In the spring and summer months, as home heating demand decreased

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