US Sets Record Energy Production in 2024 Led by Natural Gas, Renewables

In 2024, the United States set a new record for energy production, generating over 103 quadrillion British thermal units (BTUs), a 1% increase from the previous year, driven primarily by natural gas, crude oil, and renewable sources. Natural gas remained the largest contributor at 38% of total production, with dry natural gas output nearly 38 trillion cubic feet, while crude oil accounted for about 27%, with most growth centered in the Permian Basin. Renewable energy sources such as biofuels, wind, and solar also reached record levels, with solar output growing by 25% and wind by 8%. Despite geopolitical tensions and conflicts in regions like the Middle East and Ukraine, the resilience and innovation of the American oil and gas industry have ensured stable and reliable energy supplies, underscoring the importance of U.S. energy leadership for both national and allied security. Coal production continued its decline, accounting for only 10% of energy output, the lowest since 1964. This robust energy production landscape highlights America's role as a key global energy provider amid rising global demand and ongoing geopolitical challenges.