Energy education: Will global petroleum production exceed 100 million barrels per day?

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Before the pandemic of covid-19 there was a historical maximum in oil production of 100 million barrels of oil per day, this growing increase in oil production stopped when the pandemic of covid-19 arrived, however now that normality in social interaction is coming to the whole world it is expected that due to a growing demand for this natural resource there will be a supply in oil production that may exceed the historical maximum of 100 million barrels per day that was exceeded before the pandemic.

It is a historic moment that we are currently living, since two very worrying energy scenarios converge, one of them is the strong demand for energy that is only being alleviated with the supply of oil, this scenario intersects with the fact of being able to curb greenhouse gas emissions, it is a very difficult fact to control since the reactivation of old oil wells are being done to increase oil production, this can be prolonged by the fact that oil prices are soaring to historic highs that were in the past.

The economy may be affected by this crossover scenario, as if there are some restrictions to recover oil production, there may be a shaky production in the global energy supply.

Conclusion

In particular, I think that not only will it be possible to exceed the production scenario of 100 million barrels per day, but it will also be necessary to find a supply that can meet the world demand in subsequent years, which will surely be very high, all this I deduce from the simple fact that it is possible to exceed a production of 100 million barrels per day without taking into account that the current demand may increase when all the airlines recover their normal activity once the pandemic is already slowing down its course.