US Oil and Gas Extraction Production

US Oil and Gas Extraction Production is an index of physical production volume, reported as Index 2017=100.

152.20

Index 2017=100

Updated 2026-07-01 · monthly Decreasing

US Oil and Gas Extraction Production — latest reading: 152.20. As of July 2026, it is up 0.9% over the past 12 months, well above its 10-year average. Source: IPG211S, US Federal Reserve Board, published monthly. Reported as published, without transformation; the publisher may revise it. Higher than all but 4 of 655 readings since 1972-01-01. Last at or above this level on 2026-06-01.

Min

48.80

Max

153.87

Average

79.05

10Y Percentile

97%

3M Change

-1.1%

Jul 2026 · 152.2 Index 2017=100
NBER recession periods

US Oil and Gas Extraction Production (IPG211S) — 655 observations from 1972-01-01 to 2026-07-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.

Compare US Oil and Gas Extraction Production with other indicators →

How these numbers changed

Every figure above is the current one. These are the same periods as first published — what US Oil and Gas Extraction Production said on the day, before it was restated. Measured in Index 2017=100.

PeriodFirst printNowChangeRepublished
Jun 2026155.056153.1636-1.892
May 2026152.753152.4978-0.255
Apr 2026150.0306153.8679+3.837
Mar 2026149.0996150.7788+1.679
Feb 2026151.4241152.6543+1.23
Jan 2026150.0298147.4005-2.629
Dec 2025151.9013149.6026-2.299
Nov 2025152.5345150.6744-1.86
Oct 2025150.606150.7203+0.114
Sep 2025151.8648151.7413-0.124
Aug 2025149.8458151.2866+1.441

US Oil and Gas Extraction Production for June 2026 first printed at 155.056 on July 17, 2026, was revised once, and now reads down to 153.1636. Recompute any row from FRED's own vintage archive.

Macro Regime Context

The growth regime is currently late cycle (67% confidence).

See what this means across all four regime dimensions →

3-Month

-1.1%

6-Month

+3.3%

12-Month

+0.9%

What this means

US Oil and Gas Extraction Production is currently at 152.20 , which is well above its 10-year historical average. The trend is decreasing (-1.1% over the past 3 months).

Over the past 6 months the change is +3.3%, and over 12 months it is +0.9%. The short-term move is accelerating relative to the longer trend.

Cite this page

MacroRadar, "US Oil and Gas Extraction Production," https://www.macroradar.io/us-oil-and-gas-extraction-production (as of July 2026).