Continental contrasts
Oil and gas production in North America is continuing its rising trend. Mexico's prospects are looking up, while Venezuela's hydrocarbon sector is collapsing
North American liquid hydrocarbons output hit 20.1m barrels a day in 2017, as production from the US and Canada offset a decline in Mexico, according to the latest BP Statistical Review of World Energy. US oil output is expected to continue to rise. The US Energy Information Administration expects oil production to grow by 1.4m b/d this year, and another 1m b/d in 2019. It also suggests natural gas output will increase by 10%, to 81.2bn cubic feet a day. As such, the US looks set to remain the world's largest oil and gas producer in 2018. Such production growth is presenting challenges to the US and its neighbours in the Americas. On the domestic front, new infrastructure is urgently needed
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal






