According to the most recent report from the Energy Information Administration (EIA), US crude output is set to fall 230,000 barrels per day to 11.08 million barrels per day in 2021. The EIA also notes that US production will rise next year by 710,000 barrels per day to 11.79 million barrels per day. That sounds like a lot of oil. However, the economics of a commodity market consists of both Supply and Demand. Contrast those numbers with the other side of the equation: The EIA also predicts...