U.S. Oil Production Outlook & Midstream Implications | ETF Trends Elevated crude prices and a stronger macro backdrop have set expectations for record U.S. oil and gas production next year. Still, large producers have remained disciplined and are so far not materially increasing production. This note digs into current production dynamics and why the resulting tailwinds for midstream infrastructure companies may be more of a 2027 event. Key Takeaways U.S. Energy Production Forecasts Have Increased Since the ...