US Oil and Gas Extraction Production
US Oil and Gas Extraction Production is an index of physical production volume, reported as Index 2017=100.
151.17
Index 2017=100
US Oil and Gas Extraction Production — latest reading: 151.17. As of August 2026, it is down 0.1% 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 7 of 656 readings since 1972-01-01. Last at or above this level on 2026-07-01.
Min
48.80
Max
153.17
Average
79.16
10Y Percentile
94%
3M Change
-0.6%
US Oil and Gas Extraction Production (IPG211S) — 656 observations from 1972-01-01 to 2026-08-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Compare US Oil and Gas Extraction Production with other indicators →
Next scheduled release: Fri, Oct 16 (G.17 Industrial Production and Capacity Utilization, per the FRED release calendar — scheduled dates can move).
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.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Jul 2026 | 152.1957 | 152.3551 | +0.159 | 1× |
| Jun 2026 | 155.056 | 152.4417 | -2.614 | 2× |
| May 2026 | 152.753 | 152.0731 | -0.68 | 3× |
| Apr 2026 | 150.0306 | 153.1704 | +3.14 | 4× |
| Mar 2026 | 149.0996 | 149.9744 | +0.875 | 5× |
| Feb 2026 | 151.4241 | 152.6543 | +1.23 | 4× |
| Jan 2026 | 150.0298 | 147.4005 | -2.629 | 4× |
| Dec 2025 | 151.9013 | 149.6026 | -2.299 | 4× |
| Nov 2025 | 152.5345 | 150.6744 | -1.86 | 5× |
| Oct 2025 | 150.606 | 150.7203 | +0.114 | 3× |
| Sep 2025 | 151.8648 | 151.7413 | -0.124 | 2× |
US Oil and Gas Extraction Production for July 2026 first printed at 152.1957 on August 18, 2026, was revised once, and now reads up to 152.3551. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (71% confidence).
See what this means across all four regime dimensions →3-Month
-0.6%
6-Month
-1.0%
12-Month
-0.1%
What this means
US Oil and Gas Extraction Production is currently at 151.17 , which is well above its 10-year historical average. The trend is stable (-0.6% over the past 3 months).
Over the past 6 months the change is -1.0%, and over 12 months it is -0.1%. 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 August 2026).