The US produced a record amount of energy in 2024, the Energy Information Administration reported on Monday, with natural gas remaining the largest source of domestic production.
Total US energy production passed 103 quadrillion British thermal units in 2024, a one per cent increase from the previous record set a year earlier, according to the EIA's Monthly Energy Review.
Natural gas, which has been the biggest source of domestic energy production since 2011, accounted for 38 per cent of total energy production last year.
Meanwhile, crude oil accounted for 27 per cent of total energy production last year. Crude oil production was 2 per cent higher than in 2023 at a record 13.2 million barrels per day.
The EIA said nearly all of the production growth came from the Permian region, a major oil and gas-producing region in the south-western US. The agency said production in the region rose by 370,000 bpd last year to 6.3 million bpd.
The US was the world's largest crude oil producer last year, according to EIA data from February.
Saudi Arabia's crude oil production averaged 9 million barrels per day last year, while Russia was the largest crude oil producer among Opec+ members with 9.2 million barrels per day. Iraq (4.4 million bpd), the UAE (2.9 million bpd) and Kuwait (2.5 million bpd) were among the bloc's top five crude oil producers.
US solar and wind production increased by 25 and 18 per cent, respectively, while coal production fell to its lowest annual output since 1964.
The EIA said it expects oil and natural gas production in the Gulf of Mexico to remain stable through next year at 1.9 millions barrels per day.
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What is an FTO Designation?
FTO designations impose immigration restrictions on members of the organisation simply by virtue of their membership and triggers a criminal prohibition on knowingly providing material support or resources to the designated organisation as well as asset freezes.
It is a crime for a person in the United States or subject to the jurisdiction of the United States to knowingly provide “material support or resources” to or receive military-type training from or on behalf of a designated FTO.
Representatives and members of a designated FTO, if they are aliens, are inadmissible to and, in certain circumstances removable from, the United States.
Except as authorised by the Secretary of the Treasury, any US financial institution that becomes aware that it has possession of or control over funds in which an FTO or its agent has an interest must retain possession of or control over the funds and report the funds to the Treasury Department.
Source: US Department of State
Ten10 Cricket League
Venue and schedule Sharjah Cricket Stadium, December 14 to 17
Teams
Maratha Arabians Leading player: Virender Sehwag; Top picks: Mohammed Amir, Imad Wasim; UAE players: Shaiman Anwar, Zahoor Khan
Bengal Lions Leading player: Sarfraz Ahmed; Top picks: Sunil Narine, Mustafizur Rahman; UAE players: Mohammed Naveed, Rameez Shahzad
Kerala Kings Leading player: Eoin Morgan; Top picks: Kieron Pollard, Sohail Tanvir; UAE players: Rohan Mustafa, Imran Haider
Pakhtoons Leading player: Shahid Afridi; Top picks: Fakhar Zaman, Tamim Iqbal; UAE players: Amjad Javed, Saqlain Haider
Punjabi Legends Leading player: Shoaib Malik; Top picks: Hasan Ali, Chris Jordan; UAE players: Ghulam Shabber, Shareef Asadullah
Team Sri Lanka Cricket Will be made up of Colombo players who won island’s domestic limited-overs competition
