Oil production in the United States crept upward slightly in April, setting another record despite frequent warnings that it is headed for a fall.
Production grew to 13.47 million barrels a day in April, the U.S. Energy Information Administration said in a report Monday, about 0.1 percent higher than the month before. The production figure, which includes condensate, is about 1.7 percent above the same month a year earlier.
The numbers were released as President Donald Trump celebrated some of the lowest prices in recent years at the gasoline pump ahead of the Fourth of July holiday. The White House issued a news release Monday titled “Lower Gas Prices Just in Time for Summer Holiday Travel” that linked to numerous mainstream news outlets’ stories about low fuel costs.
The United States has been breaking records for oil production frequently in recent years — including under former President Joe Biden, whose policies Trump blasted. The country has been pumping more oil out of the ground each day than any country ever.
