Barrel BCF Finance 
Oil & Gas 360º
MARCH 11, 2025
Last weeks 80 Bcf draw in working natural gas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line). lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). Bcf/d year-2020 low (green line). Energy Information Administration data) U.S.
Rextag
FEBRUARY 24, 2025
Bcf/d of takeaway capacity. Bcf/d , reflecting the impact of expanded takeaway capacity and rising demand for LNG exports. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel. WTI (West Texas Intermediate) Price: Averaged $76 per barrel throughout 2024.
Energy Transfer
DECEMBER 23, 2024
Bcf/d, and two additional processing plants that are under construction. The joint venture operates more than 5,000 miles of crude oil and water gathering pipelines with crude oil storage capacity in excess of 11 million barrels.
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