Highlights EIA sees just 400,000 b/d in growth over a decade Alaska output forecast to nearly double Washington — The US shale oil boom will not burn out, but will spend the next 20 years fading away, the US Energy Information Administration said Wednesday in its latest Annual Energy Outlook. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Annual US crude oil output climb to 14 million b/d by 2022, an increase of nearly 7.6 million b/d in a decade, but domestic will then level off, increasing by less than 400,000 b/d over the next decade as operators move to less productive plays and well productivity declines, according to EIA projections in the report. US oil output will begin a slow decline in the mid-2030s, falling another 500,000 b/d over the next decade and declining below 12 million b/d by 2050, EIA said. The projection […]