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Updated by industrynewsanalysis-ina on Mar 11, 2017
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US Oil Industry will break the all-time production record in 2018

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US Oil Production would set a record in 2018. Currently, the record is of 9.6 million barrels per day set in 1970. The comeback of the Permian Basin, a hotbed of shale drilling in Texas and New Mexico will make US, the biggest oil industry.