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Today in Energy
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In 2019, oil and lease condensate proved reserves were flat; natural gas reserves declined
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EIA expects crude oil prices to average near $50 per barrel through 2022
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EIA forecasts less power generation from natural gas as a result of rising fuel costs
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Fossil fuel production expected to increase through 2022 but remain below 2019 peak
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U.S. oil and natural gas production to fall in 2021, then rise in 2022
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