Fossil Fuels

The United States is one of the world’s largest producers of fossil fuels, including crude oil and natural gas. American energy independence has reshaped global markets and U.S. foreign policy, with domestic production meeting most demand and enabling substantial exports.

Crude Oil Production

U.S. crude oil production hit record levels in 2025 at 13.6 million barrels per day. The Energy Information Administration forecasts it will average 13.5 million barrels per day in 2026 before declining slightly to around 13.3 million barrels per day in 2027. Growth stems largely from shale producers, whose output sways global energy supplies and prices.

Natural Gas Production

U.S. natural gas production reached record highs in 2025 and is forecast to grow 2% in 2026 to 120.8 billion cubic feet per day, then rise further to 122.3 billion cubic feet per day in 2027. The nation exports via pipelines and LNG terminals to meet strong global demand, with Appalachia, Haynesville, and Permian regions driving increases.

An Independent Team to Decode Government

GovFacts is a nonpartisan site focused on making government concepts and policies easier to understand — and programs easier to access.

Our articles are referenced by trusted think tanks and publications including Brookings, CNN, Forbes, Fox News, Pew Research, Snopes, The Hill, and USA Today.

All Articles on Fossil Fuels

American Shale Producers Are Winning the Iran War. Airlines Are Losing It.

While headlines focused on the military campaign, the stock market was already sorting winners from losers. In the first seventy-two…