American shale drillers will take aim at the seven million barrels-per-day mark next month, as U.S. oil production continues to hit new record highs.
Output from the nation’s shale oil regions is poised to grow by 131,000 barrels a day next month, according to the U.S. Department of Energy’s statistics arm.
The Energy Information Administration sees drillers in the seven shale regions pumping 6.95 million barrels a day in April, up more than 25 percent from a year ago. April’s forecast got a boost from upward revisions to EIA’s projections for previous months.
