A pumpjack sits on the outskirts of town at dawn in the Permian Basin oil field in the oil town of Midland, Texas, on Jan. 21, 2016 .Spencer Platt/Getty Images
Crude oil output in the United States reached a new annual record last year, growing by 3 percent to hit 13.6 million barrels per day (b/d), the Energy Information Administration (EIA) said in a March 31 statement.
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