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Crude oil production and demand for oil in the United States will increase in 2022

The EIA expects crude oil production to reach 11.87 million barrels per day (bpd) in 2022, up from the previous estimate of 11.83 million barrels per day.

Consumption of oil and other liquid fuels is expected to increase to 20.36 million bpd in 2022, lower than the previous forecast of 20.38 million bpd.

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