U.S. crude oil and natural gas production reached all-time highs in 2025, according to the Department of Energy (DOE). Domestic crude output averaged 13.6 million barrels per day (b/d), while natural gas production climbed to an estimated 109 billion cubic feet per day (Bcf/d), marking record levels for both commodities.

These increases have contributed to lower domestic energy prices. Gasoline prices have fallen to an average of $2.90 per gallon, with 43 states reporting prices under $3 per gallon. Expanded natural gas production is also expected to help maintain lower household energy costs, continuing a multi-year trend of inflation-adjusted savings for U.S. consumers.

The DOE has begun replenishing the Strategic Petroleum Reserve (SPR) after substantial drawdowns in previous years. In late 2025, contracts were awarded for deliveries totaling one million barrels from the Bryan Mound site, reflecting efforts to restore the nation’s emergency energy stockpile.

U.S. liquefied natural gas (LNG) exports are growing rapidly and are projected to double by the end of the decade. Regulatory adjustments have streamlined export approvals and removed constraints on LNG use as a marine fuel. In 2025, the DOE authorized or re-authorized over 17.6 Bcf/d of LNG exports, a volume surpassing 70% of that exported by the world’s second-largest LNG supplier.

Long-term agreements with international buyers, such as Tokyo-based JERA, are expected to secure up to 5.5 million tonnes of LNG annually, contributing more than $200 billion to U.S. GDP and supporting tens of thousands of domestic jobs. The DOE cites these exports as enhancing trade, job growth, and energy security.

Reference: 

U.S. Department of Energy – FACT SHEET: Delivering On U.S. Oil And Natural Gas Production https://www.energy.gov/articles/fact-sheet-delivering-us-oil-and-natural-gas-production