Oil prices have fallen from historic highs reached after Russia's invasion of Ukraine, but the Biden administration is pushing for more domestic production (Axios, US News & World Report, NASDAQ). The outcome will be determined using the "4-Week Avg U.S. Field Production of Crude Oil" data (which is displayed in thousands of barrels per day) as reported by the Energy Information Administration (EIA) (EIA). A weekly figure must have its "End Date" between 6 January 2023 and 29 December 2023 to count. On 6 December 2022, the EIA forecasted domestic production would increase to 12.34 million barrels per day in 2023 (EIA Short-term Energy Outlook - December 2022).

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